Feb 18 (Reuters) - Crown Resorts Ltd CWN.AX :
* COMMITTED TO WORKING WITH ILGA TO ADVANCE REFORMS NECESSARY TO ALLOW IT TO GIVE EFFECT TO RESTRICTED GAMING LICENCE IN SYDNEY
* EXECUTIVE CHAIRMAN SAYS DOES NOT SEE HERSELF AS EXECUTIVE CHAIRMAN FOR AN EXTENDED TENURE
* ALSO CONTINUES TO WORK COOPERATIVELY WITH VICTORIAN AND WA REGULATORS
* ALREADY COMMENCED A GLOBAL SEARCH FOR A NEW CEO
* EXPECTS TO INCUR A SIMILAR LEVEL OF CORPORATE COSTS IN SECOND HALF
* CROWN RESORTS SEES NET PROJECT COST FOR CROWN SYDNEY OF ABOUT $1.1 BILLION DUE TO HIGHER EXPECTED APARTMENT SALE PROCEEDS
* GOOD PROGRESS MADE IN CROWN SYDNEY APARTMENT SALES, WITH OVER $870 MILLION IN GROSS SALES AND PRE-SALE COMMITMENTS ACHIEVED TO DATE
* FOR PERIOD 1 JAN TO 12 FEB, CROWN MELBOURNE'S MAIN FLOOR GAMING REVENUE (EXCLUDING VIP PROGRAM PLAY REVENUE) DOWN ABOUT 26%