The company had published a full-page advertisement in July in response to media allegations, but its information was wrong.
Australia.- Crown Resorts’ chief legal officer Joshua Preston has admitted to an ongoing New South Wales inquiry that the firm responded to the media with inaccurate information.
The statement comes after the company placed a full-page advertisement signed by the board of directors in July. The ad was a response to media allegations that its junket operators had ties to organised crime
The advertisement asserted that the junkets in question were controlled by Hong Kong-listed Suncity Group, but Crown has conceded that while the junkets were controlled by Suncity chairman Alvin Chau, they were not controlled by Suncity.
The current inquiry is being led by the NSW Independent Liquor and Gaming Authority following a series of Australian media reports. The authority is investigating Crown’s fitness to hold a licence for its new A$2.4 billion hotel and casino which is nearing completion in Sydney’s Barangaroo area.