Business
Crown ‘pursues profit at all cost’, inquiry told – NEWS.com.au
Crown ‘pursues profit at all cost’, inquiry told
Crown Resorts pursues profit at all costs and has a culture of disregarding its regulatory obligations, the explosive inquiry into the gambling giants alleged facilitation of money laundering has heard. The NSW independent Liquor and Gaming Authority probe heard on Friday that Crown did not conduct annual reviews of lucrative junkets, where high-roller gamblers were flown in from Asia induced by free accommodation and other perks.
Crown overlooked its risk compliance activities for this business…
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