A week on from the release of a scathing report that declared it was unsuitable to take back control of its lucrative Sydney casino licence, the company's board confirmed it was in talks over its short-term financial position "in light of adverse trading and other conditions". 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.

The probe was launched after the prosecutor's office was alerted by France's AMF market watchdog, a source had told Reuters. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020. "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.

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The Associated Press left messages with Las Vegas police. A Red Rock spokesperson confirmed the encounter occurred at the Las Vegas property but declined to provide any details. _____ This story has been corrected to say that the site of the encounter was the Red Rock Casino Resort and Spa, not the Red Rock Resort and Casino. 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.

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