Crown Resorts names David Tsai as new CEO
Tsai previously served as Acting CEO and CEO of Crown Perth.
Key points:
– David Tsai has been appointed as the CEO of Crown Resorts, subject to regulatory approvals
– Tsai brings 20 years of industry experience to the new role, including achievements with MGM Resorts International
Crown Resorts has appointed David Tsai as CEO, subject to regulatory approvals.
Tsai, currently Acting CEO, initially joined Crown as CEO of Crown Perth in December 2022, contributing to Crown’s transformation efforts and overseeing the reform and remediation initiatives at the Perth property.
Tsai brings over 20 years of experience in integrated resorts to the role, including a 15-year tenure with MGM Resorts International, where he held leadership roles overseeing major properties such as MGM Grand Detroit and MGM Northfield Park.
Crown Resorts Chairman John Borghetti highlighted Tsai’s industry expertise and leadership as pivotal qualities for his new role, stating: “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.”
Tsai himself added: “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.”
This news comes after a difficult period for Crown Resorts, with the company cutting 1,000 jobs across Australia earlier this year.
The company reported that these terminations were due to the weak economic status of gambling in Australia combined with increasingly strict regulations.
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