Casinos operator Crown Ltd. moved back into the first half profit with "satisfactory" growth at Australian casinos.

After reporting a net profit from continuing operations of $115.3 million compared to a $409.7 million loss in the prior comparable period, Crown is cautiously optimistic about the second half of the financial year.

After the variance in the theoretical win rate against high-rolling gamblers, Crown's normalised its net profit for first half the current year to $145.6 million.

Crown Chief Executive Rowen Craigie said that the overall results for Crown's casinos in Melbourne and Perth were satisfactory.

Mr. Craigie said the replacement of the raised floor in the main casino at Burswood would be completed by April.

Crown will open its third hotel, the Metropol, at the Crown complex in Melbourne in March.

Crown holds a 35% stake in Melco Crown Entertainment. Crown's share of MCE's result for the first half was a loss of $48.1 Million.

Crown declared an interim dividend of 18% share and Crown shares were 17 cents higher at $8.00.