Connect with us


Blackstone Bets on Global Tourism Boom With Australian Resort Deal

Blackstone Inc. is ramping up its guess on the worldwide journey and leisure market with a $6.3 billion buy of an Australian resort and on line casino operator.

The big funding agency closed last month on its acquisition of Crown Resorts Ltd., an organization that owns gaming resorts in Perth, Melbourne and Sydney. Its enterprise has suffered over the previous three years because of the pandemic and money laundering investigations into Crown by Australian monetary and on line casino regulators.

Source link