(Reuters) – Australia’s biggest casino operator Crown Resorts Ltd on Thursday reported a third consecutive half-yearly loss, as long spells of pandemic-related restrictions and regulatory costs continued to hurt operations.
The company, which recently backed a $6.5 billion offer for Crown from private equity firm Blackstone Inc, posted a net loss of A$196.3 million ($141.22 million) for the six months ended Dec. 31, compared with a loss of A$120.9 million a year earlier.
($1 = 1.3900 Australian dollars)
(Reporting by Harish Sridharan in Bengaluru; Editing by Shounak Dasgupta)
