{"id":10782,"date":"2020-10-10T17:57:33","date_gmt":"2020-10-10T17:57:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=10782"},"modified":"2026-04-24T01:05:39","modified_gmt":"2026-04-24T04:05:39","slug":"crown-resorts-faces-probe-in-second-state","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/crown-resorts-faces-probe-in-second-state","title":{"rendered":"Crown Resorts faces probe in second state"},"content":{"rendered":"\n

Victoria will also probe Crown’s lack of controls on junket customers while NSW takes a decision on its Barangaroo licence. <\/p>\n\n\n\n\n\n\n\n

Australia.- A day after casino billionaire James Packer finished his statement to New South Wales’ hearing, another Australian gaming regulator has started its own inquiry into Crown Resorts.<\/p>\n\n\n\n

The\u00a0Victorian Commission for Gambling and Liquor Regulation (VCGLR) is to probe why Crown Resorts did not apply necessary controls on junket customers at its Melbourne casino and served Chinese VIPs with links to organised crime.\u00a0\u00a0<\/p>\n\n\n\n

The VCGLR says that depending on Crown\u2019s response, it will rule whether the firm must self-correct its actions or if it should be fined.  <\/p>\n\n\n\n

Its inquiry begins as NSW will now decide whether Crown is fit to keep its licence for the new casino it is developing n Barangaroo, Sydney.<\/p>\n\n\n\n

Packer, who no longer has an executive position or a place on the board, still holds 37 per cent of Crown\u2019s stock. He said this week that he is ready to sell<\/a><\/em><\/strong> part of it and never return to the board as long as the firm is allowed to retain its licence.  <\/p>\n\n\n\n

A decision is expected to be made by February 2021. Crown hopes to open the new casino in December, The Sydney Morning Herald reported. <\/p>\n\n\n\n

The building is due to be delivered to the operator by December 7 and the company plans a soft opening a week later.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Victoria will also probe Crown’s lack of controls on junket customers while NSW takes a decision on its Barangaroo licence.<\/p>\n","protected":false},"author":2,"featured_media":10784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Crown Resorts is under intense scrutiny from Australian regulators, with the Victorian Commission for Gambling and Liquor Regulation (VCGLR) probing its junket controls and alleged links to organised crime at its Melbourne casino. Concurrently, New South Wales (NSW) is determining Crown's fitness to retain its licence for the new Barangaroo casino, a decision expected by February 2021, which could impact its planned December soft opening.","focusai_entities":"Crown Resorts, James Packer, Victorian Commission for Gambling and Liquor Regulation, VCGLR, New South Wales","focusai_location":"Victoria, Australia, Melbourne, New South Wales, Sydney, Barangaroo","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.95), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Governance Failures?","query":"What specific governance framework failures allowed Crown Resorts' junket control deficiencies to persist, and what remedial actions are being mandated?"},{"label":"Licence Impact?","query":"How will the NSW regulator's decision on Crown's Barangaroo licence impact the competitive landscape for high-roller VIP segments and overall GGR projections in Australia?"}],"footnotes":""},"categories":[16336,161,439],"tags":[289],"class_list":["post-10782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-daily-news","category-legal-news","tag-australia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10782"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10782\/revisions"}],"predecessor-version":[{"id":19729,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10782\/revisions\/19729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10784"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}