Crown Resorts, the most important and powerful land-based casino operator in Australia, received a hefty fine in the state of Victoria: 1 million Australian dollars for its failure to properly control junket operations at Crown Melbourne.
This is the maximum possible fine under the Casino Control Act and it was imposed by the Victorian Commission for Gambling and Liquor Regulation. Ross Kennedy, the chairman of the Commission, mentioned that this also was the first time Crown Resorts received the maximum fine.
“That fine reflects the seriousness of this matter,” the chairman added, insisting that the company’s failure to implement a serious control process over junkets occurred “over an extended period.”
Crown Resorts remains under investigation in Victoria after a similar inquiry in Sydney found serious problems, including the facilitation of money laundering through the company’s casinos. Several directors resigned following that report and the company promised to change its ways.
Following that investigation, Crown Resorts was deemed unsuitable to hold a casino license to operate its brand-new property in Sydney. The findings of the inquiry of the Victorian Commission for Gambling and Liquor Regulation could well lead to the suspension of the company’s license to operate Crown Melbourne as well.