CROWN DEEMED UNSUITABLE TO RUN SYDNEY CASINO
* July 8, 2014
Crown is granted a 99-year licence to operate a new casino for high-rollers at Sydney's Barangaroo precinct. Following checks by the Independent Liquor and Gaming Authority, the company will pay a $100 million licence fee to the NSW government and must not allow involvement by controversial gambling kingpin Stanley Ho.
* October 13, 14, 2016
Nineteen Crown employees are arrested in China, accused of breaching gambling regulations.
* March 20, 2018
Billionaire James Packer resigns from Crown's board for the second time, citing mental health reasons, but retains 47 per cent of Crown shares.
* April 10, 2019
Casino giant Wynn Resorts calls off a $10 billion deal to take over Crown after news of the deal leaks.
* May 30, 2019
Mr Packer's private company, CPH Crown Holdings, agrees to sell nearly half its stake in Crown to Melco Resorts & Entertainment Ltd (Melco). The $1.76 billion deal is for 19.99 per cent of Crown. Melco Resorts is run by Lawrence Ho, Canadian businessman and son of Stanley Ho.
* July 27, 2019
Nine Entertainment publishes explosive allegations about Crown, including that it engaged in money-laundering, breached gambling laws and partnered with junket operators with links to drug traffickers, human traffickers and organised crime groups.
* July 31, 2019
Crown's board denies the allegations. The denial also ran as a full-page ad in newspapers. It describes the reporting as "unbalanced and sensationalised".
* August 8, 2019
The gaming authority announces it will hold an inquiry into the proposed sale of shares from CPH to Melco and the allegations made in media reports. Former NSW Supreme Court judge Patricia Bergin is chosen to run the inquiry.
* January 21, 2020
The inquiry opens, hearing that Crown's failure to tip off authorities about the Melco deal may be a breach of its casino licence. Crown's suitability to hold the licence will also be explored in the inquiry.
* January 24, 2020
Helen Coonan is named Crown's new chairwoman and chief financial officer Ken Barton is promoted to CEO. Executive chairman John Alexander steps down.
* February 6, 2020
Melco and CPH agree to abandon the sale of the second tranche of Crown shares under the May 2019 agreement.
* April 29, 2020
Melco sells its Crown shareholding - totalling 9.99 per cent of the company - to Blackstone Group.
* September 23, 2020
Crown's CEO denies misleading shareholders at the company's 2019 AGM, when he gave the impression he did not provide confidential information about the company to Mr Packer. The billionaire was actually receiving detailed financial information about the company under an agreement between CPH and Crown.
* October 6-8, 2020
Mr Packer gives evidence by video-link from his super-yacht in the South Pacific. He says treatment for his bipolar disorder has impaired his memory. He admits "shameful" and "disgraceful" conduct by threatening a businessman over email, but blames his health condition for his actions. He says he is "incredibly upset" by the corporate culture exposed by the inquiry, rules out ever returning to the board, and admits he may be forced to sell his shareholding.
* October 21, 2020
Crown severs agreements with CPH which allowed it to share confidential information with the Packer-owned company.
* November 4, 2020
Counsel assisting the inquiry argues in closing submissions that Crown is not fit to hold the casino licence.
* November 17, 2020
Crown pledges to permanently cut ties with junket operators, after earlier suspending those relationships, subject to consultation with gaming regulators.
* November 18, 2020
The liquor and gaming authority withholds regulatory approval for Crown to open the casino at Barangaroo until Ms Bergin finishes her report. The casino was to open in December. Crown lawyers admit to the inquiry that money has probably been laundered through its accounts.
* December 28, 2020
Crown Sydney opens without the casino after being issued a temporary liquor licence to allow restaurants and a hotel.
* February 1, 2021
Ms Bergin submits to government her report on Crown's suitability to run the casino.
* February 9, 2021
The report is released publicly, with Ms Bergin outlining "devastating outcomes" for Crown. The company is not suitable to hold a casino licence and significant changes are needed, she says.
* February 12 and 17, 2021
Liquor and gaming authority members consider the report.