Mr Packer’s CPH released a brief statement confirming the news.
Melco said the decision “reflects Melco’s commitment towards its employees, customers, business partners and other stakeholders and observance of the highest degree of responsibility until such time as the global health emergency and the related travel restrictions that affect a significant part of its customer base are lifted.”
On Thursday, Melco went to the NSW Supreme Court to argue that the NSW gaming regulator, which is conducting an inquiry into Mr Ho’s share purchase, had overstepped its powers by ordering witnesses in the probe to hand over evidence that breaches legal professional privilege.
Crown, which recently replaced executive chairman John Alexander with new chairman Helen Coonan and chief executive Ken Barton, has also been under fire over allegations of links between organised crime and the junket operators who bring wealthy gamblers to Crown’s casinos.
Crown shares have also been under pressure due to the coronavirus outbreak, losing about 8 per cent since the middle of January.