Crown Resorts has appointed acting CEO David Tsai to the leadership role permanently, subject to regulatory approvals.
Joining Crown Resorts back in December 2022 as CEO of Crown Perth, Tsai has been acting CEO of the Australian gambling operator since September earlier this year after former CEO Ciarán Carruthers stepped down from the role.
The operator noted that Tsai has played a role in “steering the business through a period of significant transformation during the past two years, while also progressing the Perth reform and remediation program”.
Tsai commented: “I look forward to leading Crown Resorts as CEO through its next phase of transformation and development.
“With the support of our talented and committed team, our goal is for Crown Resorts to be the ultimate entertainment destination in each of our cities, positioning Crown to thrive long into the future.”
Tsai has two decades of integrated resorts experience, including 15 years with MGM Resorts International, where he was President of Midwest Group and oversaw the operations of MGM Grand Detroit and MGM Northfield Park.
John Borghetti, Chair of Crown Resorts, added: “David is a highly capable, proven and experienced integrated resorts executive who has clearly demonstrated his commercial and strategic ability. Together with his strong cultural and team values, David is well-positioned to lead the continued transformation, growth and future success of Crown’s business.
“As CEO, David will focus on the highest standards of guest experience across each of our resorts, including the refurbishment and launch of exciting new venues and experiences at each of our properties throughout 2025 and beyond, while continuing our commitment to safe and responsible gaming.
“The board is very pleased to be able to appoint such a talented executive to the role of CEO.”
Earlier this month, Crown Resorts was fined A$2m by the Victorian Gambling and Casino Control Commission for more than 200 self-exclusion breaches that took place during an eight-month period at its Melbourne location.
