General
Victorian gambling regulator in the spotlight after Crown’s ‘bombshell’ money laundering admission
Victoria’s gambling regulator and the State Government are under increasing pressure over its handling of Crown Casino after the gaming giant admitted money laundering was likely to have occurred at its Melbourne and Perth casinos.
Key points:
- A NSW inquiry has spent months probing the operations of Crown Resorts
- The inquiry was launched after the media reported allegations of money laundering at Crown’s casinos
- Crown told the NSW inquiry money laundering had likely occurred through some of its VIP accounts
The admission to a NSW inquiry has prompted that state’s regulator to delay the opening of Crown’s new multi-billion-dollar casino in Sydney.
The NSW inquiry is assessing Crown Resorts’ suitability to hold a casino license.
The revelations…
-
Business23 hours agoThese 4 ASX mining stocks are rocketing as the rare earths boom intensifies
-
General20 hours agoBunbury man Stanley J Clemons sentenced for shooting neighbour’s dog
-
Noosa News23 hours agoLung cancer researchers identify ‘breakthrough’ patterns predictive of treatment success
-
Noosa News17 hours agoRoaring jet boats to return to Victoria for first time in 15 years