The Senate investigation began in May after authorities raided a casino in Guo's sleepy farming town of Bamban in March, uncovering what the authorities said were scams being perpetrated from a facility built on land partially owned by the mayor. BY THE NUMBERS (Key data points) In late March, Casino completed its financial restructuring and a new leadership team was appointed by a consortium led by Czech billionaire Daniel Kretinsky, ending the 30-year reign of the company's owner, Jean-Charles Naouri.
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The Associated Press left messages with Las Vegas police. "To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential," recently appointed CEO Philippe Palazzi said in a statement. Mosiac, the struggling company that owns womenswear brands Noni B, Katies, Autograph and more, said on Friday it needed to resolve a number of matters prior to the finalisation of its results and anticipated lodging them by the end of September.
July 18 (Reuters) - French supermarket group Casino on Thursday confirmed that it is the subject of a preliminary investigation by France's national financial prosecution office over charges of price manipulation and corruption dating back to 2018 and 2019. (Reporting by Anandita Mehrotra and Aishwarya Jain in Bengaluru; Editing by Tasim Zahid) The Nevada-headquartered company's quarterly adjusted profit per share of 86 cents also came ahead of Wall Street expectations of 62 cents.
(Reporting by Farah Master; editing by Miral Fahmy) Should he be chosen, casino executives said they will be watching to see who Sam appoints to his government, and particularly who will take over as the finance secretary who oversees the casino industry. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020. The probe was launched after the prosecutor's office was alerted by France's AMF market watchdog, a source had told Reuters.
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