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Some of Crown Resort’s most-valued patrons have been asked to reveal their occupations, employer details and information about the ownership of their businesses. (File photo)
Crown Resorts has instructed some of its high-roller clients to declare they have assets worth more than AU$2.5 million (NZ$2.66 million) or that they earn more than AU$250,000 a year, in a belated attempt to stop money laundering at its Melbourne and Perth casinos. Declaration forms have been sent to some “black card” holders, Crown s most-valued patrons, who are also required to have an accountant verify that their wealth and annual salaries exceed the threshold.
December 14, 2020
Almost a month after being ordered to delay the grand opening of its Crown Sydney development and Australian casino operator Crown Resorts Limited is now reportedly facing a class-action lawsuit from a group of disgruntled shareholders.
According to a report from Inside Asian Gaming citing an earlier story from The Sydney Morning Herald newspaper, the unhappy investors filed the legal action with the Victoria Supreme Court on Friday amid claims that the value of their associated holdings had been significantly depressed as a direct result of bungling by the casino company’s senior management. The source moreover detailed that the complaint being managed by local law firm Maurice Blackburn Lawyers is purportedly seeking an order that would oblige Crown Resorts Limited to compensate the plaintiffs via a share buy-back initiative.
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