Australia
Victorian Commission for Gambling and Liquor Regulation Imposes Fine of AU$1M on Crown Melbourne
Reading Time: < 1 minute
The Victorian Commission for Gambling and Liquor Regulation (VCGLR) has imposed a fine of AU$1m on Crown Resorts’ Melbourne casino for failing to comply with regulatory requirements in relation to junket operations.
Crown is under investigation in Victoria and Western Australia for its governance practices after a probe in Sydney found serious breaches, including money laundering through its casinos.
As a result, Crown was found to be unsuitable for a license for its new property in Barangaroo, Sydney and is undertaking sweeping reforms to regain the permit. As part of those, it no longer deals with junket operators.
Powered by WPeMatico