In 2007, Blackstone purchased hotel operator Hilton Worldwide, and has since purchased the Bellagio, MGM Grand and Mandalay Bay resorts in Las Vegas. In 2021, it reported revenue of more than US$20 billion (AU$28 billion), and owns several notable global companies.Īccording to its website, the company hold US$915 billion in assets, with almost a third of that in real estate. What do we know about Blackstone?īlackstone is the second biggest private equity fund in the world. 'The Gaming and Wagering Commission's probity approval has been granted subject to a number of conditions designed to ensure that the commission has oversight and the capacity to monitor any change in licensee management or ownership,' she said. GWC chair Lanie Chopping said assessing Blackstone's application had been a 'detailed and complex process'.
The company will also be required to report all investigations by regulators in Australia and overseas, seek approval for any new investors and strengthen its auditing and anti-money laundering reporting. With critically acclaimed restaurants brought to you by the world’s culinary elite, Crown Perth offers dining at its finest. Indulge in a hotel breakfast buffet or treat yourself to a hotel fine dining experience. Dr Buti said he had directed Blackstone to operate with 'the highest standards of governance and operations', including applying ASX corporate governance principles. Crown Perth is the ultimate destination for any occasion, with first-class dining experiences and casual dining alternatives.