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Crown Resorts is another $120 million out of pocket, with authorities hitting the casino giant with a record fine in Victoria.
While all looks calm on the floors of Star and Crown, behind the scenes armies of consultants are battling to make changes to save the owners’ casino licences.
Crown, Star and their regulators have tapped many consulting and law firms for advice, including Deloitte, Grant Thornton, Allen & Overy and McGrathNicol.
Crown Resorts has disputed the Victorian government’s calculation of its proposed higher tax rate on 2600 poker machines at Crown Melbourne.