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Crown royal commission: Daniel Andrews warns Melbourne casino could lose licence
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Crown royal commission: Daniel Andrews warns Melbourne casino could lose licence
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Crown casino: Victorian government announces royal commission into Melbourne licence
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Victoria Fast-Tracks Crown Gaming Review Following Money Laundering Revelations at NSW Inquiry
Beleaguered gaming group Crown Resorts has been dealt another blow with the Victorian state government announcing it will fast track a review of its gaming license by two years.
This will be the seventh review of the casino operator by the Victorian Commission for Gambling and Liquor Regulation (VCGLR), which was originally slated for 2023.
In recent months, the New South Wales Independent Liquor and Gaming Authority has uncovered alarming management issues (between Chairman James Packer and the executive team), as well as major money-laundering issues.
It follows a joint investigation by Nine media alleging Crown turned a blind eye to money-laundering at Crown’s Melbourne and Perth properties, and the exploitation of Australia’s visa system to fast-track visas for Chinese high-rollers.
Victoria s Premier Daniel Andrews has rejected criticism the government took too long to fast-track its next major review of Crown Melbourne s casino licence.
A dedicated commissioner is set to be appointed to the Victorian Commission for Gambling and Liquor Regulation (VCGLR) to probe Crown s suitability to hold the state s sole casino licence.
The licence review, which was not expected until 2023, has been brought forward in the wake of a New South Wales inquiry into allegations of the gaming giant s money laundering operations.
Crown Casino in Melbourne.(Joe Armao)
Mr Andrews said he did not accept the government s response to bring forward the review was delayed.