Business
Jailed Crown exec says profit may have ‘blinkered’ casino to China risks – Sydney Morning Herald
A top Crown Resorts executive told a colleague it would be difficult to convince their bosses to “temper their expectations” of profits before he was arrested.
The NSW Independent Liquor and Gaming Authority’s inquiry is investigating whether senior Crown executives and its board knew staff were breaking the law in China as it considers whether the company is a suitable licence holder for its new Sydney casino.
The inquiry heard that, after the Chinese government announced a crackdown on foreign casinos promoting gambling on mainland soil, another VIP executive Howard Aldridge wrote to Mr OConnor in February 2015 asking if they should be concerned abo…
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