The Western Australia gaming regulator recommended an independent inquiry into Crown’s suitability to hold a license in the state following the scathing report on Crown released in NSW last week, which detailed years of money laundering through Crown Perth.
The NSW government today has released the long-awaited report into whether Crown Resorts should be allowed to keep the license of its A$2.2 billion property in Sydney, following an 18-month investigation into the company's anti-money laundering practices.
Gaming industry veteran David Green sits down the AGB Nippon Executive Editor Michael Penn to discuss the Bergin inquiry in New South Wales, Australia.
Patricia Bergin SC, 71, is the presiding Commissioner over the high-profile inquiry into Crown Resorts’ suitability to hold a Sydney casino license.
The New South Wales government should consider banning James Packer from being involved with Crown Resorts' new Sydney casino after revelations he sent a threatening email to a businessman, a suitability hearing heard.
As a result of its disastrous performance in the New South Wales probity hearings, there are growing doubts that Crown Resorts will receive the green light from regulators to open Crown Sydney in December as planned. It may also leave the firm’s more vulnerable to an ongoing class-action lawsuit.
Crown Resorts has suspended its sharing of confidential information with former director and major shareholder James Packer and his private company in light of his damaging evidence given to the New South Wales casino inquiry.
New South Wales Premier Gladys Berejiklian had a secret relationship with Australian politician Daryl Maguire, who is now under investigation for possible corruption for his alleged role in brokering deals and setting up government meetings for Chinese businessmen wanting to establish casinos in the Pacific islands.
Crown Resorts is unlikely to lose its license to run a new $2.2 billion property in Sydney following an inquiry into its suitability, J.P. Morgan says in a note.
Crown Resorts said it’s suspending junket operations until June of next year while it reviews its compliance and governance operations.
12Page 1 of 2