NewsBite

Crown cops record $80m fine for ‘clandestine’ China UnionPay scheme

Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The Victorian gaming watchdog has slapped Crown Resorts with a record $80 million fine over its China UnionPay scheme, in which almost $164 million was illegally churned through its Melbourne casino in a “clandestine process” that brought “handsome” benefit to the company.

It is the first time the Victorian Gambling and Casino Control Commission has used its tougher powers to sanction the casino giant.

Loading...
Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Gaming & wagering

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/games-and-wagering/crown-cops-record-80m-fine-for-clandestine-china-unionpay-scheme-20220530-p5apq0