Good morning. The Victorian gambling watchdog has slammed Crown Resorts with two fines totaling $77.75 million, in what it calls a ‘warning’ to the gambling industry over misconduct. The authority says it is still considering other punitive measures, but has calmed on the possibility of canceling the group’s casino license. In Macau, the judge overseeing the Suncity junket case is aiming to speed up the process, hoping to hear closing arguments by November 21st.
What you need to know
- Crown Resorts has been fined $77.75mln in what the state’s gaming watchdog calls a ‘warning’ to the Victorian gambling industry.
- The judge presiding over the case involving junket operator Suncity and its former boss Alvin Chau aims to hear closing arguments on November 21st.
On the radar
- Galaxy refutes links to online gambling and betting sites.
- Hann Group breaks ground on luxury golf resort in New Clark City.
- MGTO says package tours yet to resume to Macau.
AGB Intelligence
AUSTRALIA
Crown facing $77.75mln fine, industry put on notice
The Victorian gaming watchdog’s latest fine against Crown Resorts aims to send a ‘warning’ to the gambling industry over potential misconduct, with authorities stating the operator failed to protect its clients. The VGCCC says that it will not tolerate actions that can harm its citizens, and could pursue further punitive measures against the operator.
Industry Updates
- Galaxy Macau & Hotel Okura receive green awards and certificates.
- Michelin Japanese restaurant Zuicho opening at Grand Lisboa Palace.
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