The Independent Liquor and Gaming Authority (ILGA) has fined Crown Melbourne AU$22.5m (US$17.3m) following its inquiry into the casino operator.
Australia.- Crown Melbourne has been fined AU$22.5m (US$17.3m) by the ILGA. Of that, $12.5m will pay for the regulator’s inquiry into the casino operator. It must also pay an annual Casino Supervisory Levy of AU$5m in both fiscal year 2021 and fiscal year 2022.
Crown Melbourne will also have to pay a levy for fiscal year 2023, but the amount will be subject to further consultation.
The company had previously been fined AU$1m (US$777,305) for not properly analysing foreign high rollers and their junket operators.
ILGA chair Philip Crawford has praised changes made at Crown but warned there is still much to do to retain its casino licence for its new Sydney venue.
Steve McCann will step up as CEO of Crown Resorts on June 1.