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Casino
April 23, 2024
Australia’s Casino Sector Sees Substantial Developments
This week has been very eventful for the Australian casino sector as Crown Entertainment reached a significant milestone in its journey towards compliance. Meanwhile, rival Star Entertainment faces another inquiry into its suitability as new revelations fueled the ongoing controversy surrounding the operator, highlighting the stark differences between the two companies. Crown Entertainment Has Achieved […]
Industry
April 19, 2024
Cultural Transformation Efforts Differ between Star and Crown
Amid the ongoing second inquiry into the license suitability for the Star Sydney, an expert in cultural transformation spoke about the challenges encountered during the attempted transformation of the casino’s parent company, Star Entertainment Group. The company faced legal scrutiny after investigations uncovered alleged deficiencies and breaches of the gambling regulations. Similarly, Crown Resorts, a […]
Industry
April 12, 2024
Concerns Mount for Aspinall’s Casino amid Parent Company Issues
A few years ago, Crown Resorts, the leading gaming and entertainment company, was tangled in a massive scandal in Australia that ultimately resulted in an extensive review of its operations across the country by the government. In 2021, a probe uncovered alleged deficiencies related to anti-money laundering regulations, claiming that the operator failed to meet […]
Casino
March 26, 2024
Crown Resorts’ Melbourne Property Fit to Hold License
Two years after Crown Resorts’ Melbourne property came under government review, and following the acquisition by Blackstone Group, the flagship casino has been deemed fit to retain its license and continue to operate, overcoming a difficult regulatory spell that necessitated strict government supervision because of breach of anti-money laundering laws. VGCCC Pleased with Progress and […]
Industry
February 16, 2024
Police Bust Illegal Gambling Dens Allegedly Run by Crown Staff
Two 2023 police raids at Mt Lawley and Cloverdale gambling dens helped authorities seize almost $190,000 in cash, along with gambling cards and chips usually found at Monte Carlo casinos. The two underground locations used for illegal gambling were allegedly run by a number of Crown Casino workers. The casino chips and blocks of cash […]
Business
February 9, 2024
Blackstone-owned Crown Resorts CEO Cleared of Wrongdoing
After an internal investigation, Crown Resorts, under the ownership of Blackstone, has absolved its CEO, Ciaran Carruthers, of any wrongdoing following allegations that he intervened in security matters at Melbourne’s Crown casino. Crown Resorts Chairman Affirms CEO’s Innocence Amidst Investigation In a statement to staff, Crown chairman Bill McBeath emphasized the findings of the independent […]
Casino
January 5, 2024
Crown Resorts Warns against Fraudulent Social Media Ads
Crown Resorts urged the community to exercise caution regarding counterfeit social media accounts and advertisements falsely using Crown’s identity. The operator was adamant that online gambling in Australia was strictly prohibited, reaffirming it did not offer any form of iGaming. Such developments further threaten Crown’s public image as the company struggles with reforms. The Operator […]
Business
December 13, 2023
Crown’s CEO Is Under Investigation for Reinstating Removed Patrons
Ciaran Carruthers, the chief executive officer of the Australian casino and hospitality leader Crown Resorts, is under investigation over allegations that he allowed removed patrons back into the company’s properties. The company’s board has launched an investigation to see if the allegations are correct. As reported by The Australian Financial Review, Carruthers is suspected of […]
Casino
November 20, 2023
Crown to Change Sydney Casino Work Hours, Lay 180 Workers Off
Crown Resorts is set to cut jobs at its Sydney casino, which continues to struggle with low visitation. The casino operator will also reduce its working hours, according to a report by The Sydney Morning Herald. The NSW news outlet said that the casino operator’s Sydney property does not have enough visitors to justify the […]
Legal
November 17, 2023
Crown Resorts Failed to Pay an Abused Guard’s Legal Fees, Lawsuit Suggests
Australian billionaire and ex-Crown Resorts shareholder James Packer is once again being sued by a security guard whom he allegedly assaulted in 2016. The guard, some 12 years older than the businessman, claimed to have been assaulted after failing to recognize Packer. Now, Packer and his team are allegedly avoiding paying the legal fees stemming […]