Crown Resorts faces royal commission inquiry in Victoria

Saturday, 24 Feb, 2021 0

Victoria state legislators said it will conduct a royal commission inquiry into casino resort operator Crown Resorts.

The company runs a casino resort in Melbourne.

It becomes the third state to scrutinise the operations of Crown following a damaging inquiry in New South Wales which found Crown unfit to hold a gaming license for its new resort in Sydney.

Western Australian had earlier it would hold an inquiry into Crown as it also runs a casino in Perth.

"Establishing a royal commission will ensure the most appropriate access to information regarding Crown Melbourne’s suitability to hold the casino licence given the commission’s powers to compel witnesses and documentation," Victorian Premier Daniel Andrews said.

According to Helen Coonan, Crown’s executive chairman, the company will fully cooperate with the inquiry.

Crown’s Melbourne casino is its biggest money spinner.

New South Wales’s Liquor and Gaming Authority found Crown Resorts unsuitable for a gaming license under its current leadership structure.

It was accused of ‘facilitating money laundering, exposing staff to the risk of detention in a foreign jurisdiction and pursuing commercial relationships with individuals’ linked to crime gangs.

Its CEO and a host of senior executives have since left.

Crown’s Sydney resort opened in December with restaurants, bars, and a hotel but the casino is closed as it did not secure a valid gaming license.

Written by Ray Montgomery, Asia Editor

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

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