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…
Continue Reading
-
Noosa News22 hours agoQueensland weather forecast sees sunny weather for last week of winter
-
Noosa News23 hours agoForum responds to urgent homelessness issues in Nambour
-
Business20 hours agoWhy the Betashares Nasdaq 100 ETF could be a perfect buy and hold pick
-
Business21 hours agoDoes Macquarie rate BHP shares a buy after its FY25 results?