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Crown’s second great escape

Whether the scandal-ridden gaming giant will have a third incredible great escape from having its casino licence cancelled is now in the hands of the Western Australian royal commission.

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What more does a company have to do to be stripped of its casino licence? A second royal commission has found Crown Resorts unfit to run a casino. But once again, incredibly, the scandal-ridden gaming giant has made a great escape and avoided having the licence for its Melbourne casino cancelled.

The Victorian inquiry into Crown’s Melbourne operations uncovered dodging of state gambling tax, facilitation of money laundering, and exploitation of problem gamblers. “The catalogue of wrongdoing is alarming”, says Commissioner Ray Finkelstein’s report. So serious is some of the misconduct that it is “difficult to grade” and “some was so callous that it is hard to imagine it could be engaged in by such a well-known corporation”. Especially “by a regulated entity whose privilege to hold a casino licence is dependent upon it being, at all times, a person of good character, honesty, and integrity.”

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    Original URL: https://www.afr.com/companies/games-and-wagering/crown-s-second-great-escape-20211025-p5930r