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Crown Resorts at Future Risk of Default, Auditor Warns on Going ConcernWritten by: Philip Conneller

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Auditor KPMG has said the various regulatory investigations swirling around embattled casino giant Crown Resorts, coupled with the pandemic effects, have created “material uncertainties” about whether the operator can continue as a going concern. The auditor warned that further cancellations or suspensions of Crown’s gaming licenses in Australia could cause the company to default on
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