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Crown Resorts

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Crown to launch digital self-exclusion scheme for casinos

Crown to launch digital self-exclusion scheme for casinos

Crown Resorts will make it easier for problem gamblers to self-exclude from its casinos, as part of a broader overhaul of the group’s approach to harm minimisation.

  • by Amelia McGuire

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Federal Court approves $450 million Crown penalty for ‘very egregious conduct’

Federal Court approves $450 million Crown penalty for ‘very egregious conduct’

Crown Resorts and financial crimes regulator AUSTRAC agreed to an accelerated payment schedule if the casino operator’s financial health improves. 

  • by Colin Kruger
Regulators hardly covered in glory amid corporate scandals
Editorial
Regulation

Regulators hardly covered in glory amid corporate scandals

A Federal Court judge’s questions about a casino giant’s $450 million settlement is a salient reminder of the risk regulators run in becoming captive to those they are policing.

  • The Herald's View
‘Fine now, pay later’: Crown, AUSTRAC bait and switch blown apart
Opinion
Casinos

‘Fine now, pay later’: Crown, AUSTRAC bait and switch blown apart

Paying fines in instalments has become an increasingly familiar theme in the casino sphere, as Star and Crown suggest their stretched finances can’t deal with the regulatory onslaught without help.

  • by Elizabeth Knight
Taylor Swift’s partnership with Crown criticised by anti-gambling experts

Taylor Swift’s partnership with Crown criticised by anti-gambling experts

Crown’s partnership with the pop mega-star is with its hotel arm, but Tim Costello is concerned that it could encourage more gambling.

  • by Kerrie O'Brien and Martin Boulton
Push to dob in a dodgy pokies den in crackdown on gaming venues
Exclusive
Gambling

Push to dob in a dodgy pokies den in crackdown on gaming venues

The Victorian regulator has put gambling operators on notice, saying the link between gambling and harm is as obvious as the one between smoking and cancer.

  • by Jewel Topsfield
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Crown hit with $20 million fine following Victoria tax failings

Crown hit with $20 million fine following Victoria tax failings

The issue was uncovered in the 2021 Royal Commission into Crown Melbourne among voluminous documents that Crown disclosed for other purposes.

  • by Amelia McGuire and Colin Kruger
Blackstone closer to closing books on Crown liabilities after hefty fine

Blackstone closer to closing books on Crown liabilities after hefty fine

Regulatory uncertainty was the biggest gamble Blackstone took when it acquired Crown Resorts for $8.9 billion cash last year.

  • by Colin Kruger
Crown Resorts and AUSTRAC agree to $450 million penalty
Updated
Casinos

Crown Resorts and AUSTRAC agree to $450 million penalty

Crown Resorts is bracing to pay one of the biggest financial penalties in Australian corporate history over the group’s anti-money laundering and counter-terrorism failings at Crown Perth and Crown Melbourne.

  • by Amelia McGuire
Does Switkowski have the mongrel needed to deal with PwC?

Does Switkowski have the mongrel needed to deal with PwC?

A lynch mob for PwC is growing. Will the appointment of veteran troubleshooter Ziggy Switkowski be enough to silence critics?

  • by Elizabeth Knight
‘Serious contravention’: Crown cops $30m fine over uncleared bank cheques

‘Serious contravention’: Crown cops $30m fine over uncleared bank cheques

Victoria’s gambling watchdog said the casino effectively provided gamblers with a line of credit they should not have been able to access, raking in up to $75 million in extra profits.

  • by Josh Gordon