Helen Coonan to step down as Crown chair by end of August
Victoria’s Royal Commission into Crown Resorts has heard that Helen Coonan will resign from her role by the end of the month.
Australia.- More changes are expected on Crown Resorts’ board in a bid to satisfy Victoria’s Royal Commission, with Helen Coonan to step down as chairman.
The news comes after Xavier Walsh‘s exit as chief executive officer of Crown Melbourne on August 20.
Michael Borsky, the company’s senior counsel, said Crown has already started to analyse possible replacements for Coonan and expects to appoint a new leader by August 31.
Coonan assumed the role on an interim basis after Ken Barton stepped down following the ILGA’s inquiry into Crown’s fitness to keep its licence for its Crown Sydney property.
Adrian Finanzio, the counsel assisting Victoria’s Royal Commission into Crown Resorts had questioned the appropriateness of Coonan remaining in the position
Victoria’s Royal Commission into Crown Resorts will continue up to October 15 after the government approved judge Raymond Finkelstein’s request for an extension.
The state of Victoria announces new Gambling and Casino Control Commission
In order to tighten controls over casino operators and gambling venues, authorities have announced the creation of a new regulator for the state of Victoria.
The Victorian Gambling and Casino Control Commission (VGCC) will replace the VCGLR and eventually control and monitor all gambling and gaming services in the state.
Melissa Horne, the state’s minister for consumer affairs, gaming and liquor regulation, said the VGCC would be stricter than the VCFLR and it wouldn’t tolerate unethical practices. Nobody has yet been appointed to chair the new gambling commission. The VCGLR will continue monitoring the local casino sector until the VGCC is established.
