A Royal Commission report released on Oct. 26 has recommended that Australia’s Crown Resorts be allowed to keep operating its Melbourne casino even though it determined the company is not a “suitable person” to retain its license under the Casino Control Act.
Instead, the author of the report, Commissioner Ray Finkelstein, has recommended that an independent manager should oversee its operations for two years and for the license only to be revoked if the regulator decides it is not"clearly satisfied" with the company’s progress. Finkelstein said his recommendation was an attempt to weigh up"two almost irreconcilable positions": Crown’s unsuitability to hold a casino license against the"considerable harm to the Victorian economy and innocent third parties" that removing the company’s right to operate might cause.
Finkelstein labelled the company’s conduct in recent years as,"in a word, disgraceful. This is a convenient shorthand for describing conduct that was variously illegal, dishonest, unethical and exploitative". He also called some actions"callous" with some employees"motivated by a drive for profit. Some simply did what they did because they could.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jamie Chung and Bryan Greenberg Announce They've Welcomed TwinsGreenberg took to Instagram Sunday to share that he and Chung had 'double the trouble' on their hands. She was pregnant? Who cares?
Source: etnow - 🏆 696. / 51 Read more »
Jamie Chung and Bryan Greenberg Welcome Twins: “We Got Double the Trouble Now”The couple welcomed their first children – twins! – together. Congrats to the new family of four!
Source: POPSUGARMoms - 🏆 117. / 63 Read more »
Jamie Chung And Bryan Greenberg Joked About Having 'Double The Trouble' After Welcoming TwinsCongrats to the couple!
Source: BuzzFeed - 🏆 730. / 51 Read more »
Australia's Crown branded 'disgraceful', gets two years to fix Melbourne casinoAn Australian inquiry on Tuesday declared Crown Resorts unsuitable to hold a gambling licence in Melbourne but allowed it to run its biggest-earning casino under supervision, raising hope for its earnings and takeover prospects.
Source: Reuters - 🏆 2. / 97 Read more »
Ex-Saudi intelligence official describes Crown Prince as a 'psychopath' who boasted he could kill the sitting monarch in 2014Saudi crown prince Mohammed bin Salman is a 'psychopath,' who 'poses a threat to his people, to the Americans and to the planet,' a former top Saudi intelligence official who is now living in exile in Canada has said. Lol NUFC Do u intend on reporting on this.. seems kinda important: What is anyone going to do about it ? Nothing. US ? UK ? India ? No
Source: CNN - 🏆 4. / 95 Read more »
Can Therapy Help Reduce Back Pain?Recent research suggests the medical field may have previously overlooked the role our minds can play in feeling pain. Here's why, writes DrSusanHeitler DrSusanHeitler In the study, the authors compared PRT, Placebo, and 'Usual Care'. What is meant by 'Usual Care' in this article? DrSusanHeitler Impressive results. I wonder whether any research group will be able to reproduce it.
Source: PsychToday - 🏆 714. / 51 Read more »