Crown's conduct was 'illegal, dishonest, unethical and exploitative' but it's still allowed to run a casino

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ANALYSIS: Crown's conduct was 'illegal, dishonest, unethical and exploitative' but it's still allowed to run a casino

That heft, and political power, has protected it even through allegations of money laundering and working with junket operators linked to criminal gangs.Now the licence continues, although the government said it would implement the recommendations of the royal commission.

A "special manager" will be installed with the power to sit in on meetings and direct the board to do or not do certain things.He's got two years to prepare a report – conveniently, after the next election – that will determine if Crown has done the work required to be a "fit and proper person" to run a casino.The gap between what corporate Australia and ordinary citizens can get away with is vast.

Still, Crown's problems continue. It faces class actions from shareholders, attention from financial crime agency AUSTRAC and much more. There's another ongoing royal commission in Western Australia – looking at the flaming mess of confessed behaviour in Victoria on top of what it's uncovered locally – that will diagnose whether Crown Resorts is a fit and proper holder of a casino licence.But before the official inquiries, it was the media that first exposed Crown's bad behaviour.

Dogged and difficult reporting – staring down threats, bluster and lies from powerful figures – has brought undone gambling giant Crown Resorts.

 

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corporatesocialresponsibility

Because the government gets too much money flow on from gambling

You could replace Crown with LNP …. Same same.

The Decision will be Overturned

Same as ABC of LNP broadcasting channel, but it’s still allowed to run as national broadcasting channel.

So let’s flesh this out. Crown is still licensed while financialplanners for Mum’s and Dad’s who’d never see a laundering or corrupt client, are jumping through 1,000 compliance hoops and struggle for time to serve clients. fasea asic mmmiketaylor

How dare they try and shut down underhanded deals under the table of politicians. Move on nothing to see here

Rules for big business are different

We rely on that dirty money.

Will anyone be going to jail?!?!

Gamble sensibly,we will take your money and we will give some to authorities so you can keep gambling.

So much for accountability in Victoria

Luckily in amongst the dishonesty they also gave donations to the right politicians

Like the big banks

Doesn’t matter if you break the law these days,just carry on as if nothing happened thanks to the LNP

Just too much flow-on money involved to do what should have been done. They'll be back to their bad old tricks in 3, 2, 1...

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