Business
‘Exist to win’: Demetriou worried Crown was too focused on compliance – Sydney Morning Herald
Crown director Andrew Demetriou raised concerns two years ago that the casino group was too focused on complying with gambling regulations at the expense of gro…
Mr Demetriou told the inquiry, which has the same powers as a royal commission, the email was expressing his concerns at the time about Crown failing to strike the right balance between focusing on legal compliance and working on strategies to increase returns.
“It wasn’t meant in any way to diminish the importance of being compliant or regulated; they are absolutely critical,” he said. “But we had to find the right balance.”
The NSW inquiry is considering whether Crown should keep the licence…
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