Crown Resorts, the biggest operator of land-based casinos in Australia, has received a liquor license extension from the New South Wales Independent Liquor & Gaming Authority. However, the company remains without a license to operate its casino in Sydney.
Crown Resorts was deemed unsuitable to hold a casino license by the Independent Liquor & Gaming Authority in February, following evidence exposed in the famous Bergin Report. The report did also contain recommendations of actions the company could take to return to license suitability.
The recommendations included changes to the company’s board and executive teams, along with a significant reduction of the influence of majority shareholder James Packer. Crown Resorts also had to overhaul its internal compliance measures.
Many of these conditions have been met by the Australian company, with ten of the eleven board members being replaced. However, Philip Crawford, chairman of the New South Wales Independent Liquor & Gaming Authority, said that there’s more to be done before the state would consider reinstating Crown’s gambling license.