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Green light for royal commission into Crown Melbourne By Emma Ryan|24 February 2021 The future of Melbourne’s Crown Casino hangs in the balance following the Victorian government confirming a highly anticipated royal commission into the gambling giant would go ahead, following damning allegations of illegal behaviour and questions as to whether it has the right to continue to hold its licence. The $5 million Royal Commission into Crown Melbourne Ltd (Crown Melbourne) will examine the business’ suitability to hold its Victorian casino licence, as well as the suitability of its asso...

Victoria likely shielded from Crown compensation claim Crown Resorts will probably miss out on up to $250 million in compensation from the Victorian government, and disgraced Crown executives were denied bonuses. Share Crown Resorts will probably miss out on up to $250 million in compensation from the Victorian government if the state’s new royal commission finds the company, which turned a blind eye to organised crime and money laundering, breached the licence conditions for its flagship Melbourne casino. Premier Daniel Andrews said on Tuesday the need to get “extensive legal advice” a...

Once judge Ray Finkelstein hands over his report, it will be up to Daniel Andrews to bring the casino back into line

Crown said it would “fully cooperate” with Finkelstein’s inquiry. “Crown welcomes the announcement from the Victorian government as it provides an opportunity to detail the reforms and changes to our business to deliver the highest standards of governance and compliance, and an organisational culture that meets community expectations,” Crown executive chair Helen Coonan said. “Victorians should be assured we recognise the responsibility placed on us by the community, governments and regulators and we will fully cooperate with the royal commission.” Charles Livingstone, an expert...

Monday 22nd February / presented by Jeff Bullen Crown Resorts CEO, Ken Barton, has resigned following the release of a damning 800 page report into Crown Resorts. The report found that the resort was not suitable to hold a license for a new Casino that was planned to be opened in Sydney. NSW’s Independent Liquor and Gaming Authority led the report that brought attention to the allegations of money laundering and links to international criminal syndicates. On the Record's, Jeff Bullen, spoke to Senior Lecturer of Company Law and Corporate Governance at Swin...