‘Disgraceful’ Crown ‘on probation’

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Crown has been lashed as ‘illegal, dishonest, unethical and exploitative’ but will cling on to its Victorian gaming licence - for now.

The probe was instigated after last year’s NSW Independent Liquor and Gaming Authority found the venue and also Crown’s Perth casino had been infiltrated by underworld figures through Chinese high-roller ‘junket’ tours, with vast sums of ill-gotten cash washing through its bank accounts.

“Within a very short time, the commission discovered that for many years Crown Melbourne had engaged in conduct that is, in a word, disgraceful … variously illegal, dishonest, unethical and exploitative,” his report read. “The regulator will then decide whether it is ‘clearly satisfied’ that Crown Melbourne has returned to suitability,” Commissioner Finkelstein said.“We have gone further … what we’re doing is taking the recommendation and saying, at the end of those two years, the government will automatically assume that Crown’s licence has been cancelled, unless they demonstrate otherwise,” she told reporters.Crown was deemed unfit to hold a gaming licence for its new $2.2bn Sydney venue at Barangaroo.

The commissioner also recommended former chairman and largest shareholder James Packer reduce his shareholding in Crown Resorts from 37 per cent to less than 5 per cent.

 

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They literally get away with murder😎

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