Crown Resorts slashes 1000 jobs across Melbourne, Sydney and Perth casinos

Crown Resorts is slashing about 1000 jobs from its casinos in Melbourne, Sydney and Perth in a massive restructure.

The move will see Crown, which is owned by American investment firm Blackstone and employs about 20,000 people across the three locations, lose around five per cent of its workforce.

9News understands the job losses will mostly be in Melbourne.

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The cuts come just weeks after Crown was granted full casino licences for Melbourne and Sydney after years of heavily supervised operations following revelations of money laundering across the business.

Chief executive Ciaran Carruthers said the job losses wouldn't impact Crown's approach to its regulatory obligations.

He said the restructuring was due to softer economic conditions and gambling restrictions.

"The challenges at Crown reflect greatly reduced foreign tourism, a sharp decline in local workers in the city centres, and restrictions on gaming play in Sydney and Melbourne," Carruthers said.

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"We are committed to our regulatory obligations and ongoing transformation, including Crown PlaySafe, Melbourne and Sydney Transformation Plans and ongoing remediation in Perth.

"This was a difficult decision, but we are focused on repositioning the business for long-term success."

The job losses are in addition to almost 100 Crown cut from its Sydney casino in August last year.