{"id":11920,"date":"2020-11-18T21:35:51","date_gmt":"2020-11-18T21:35:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=11920"},"modified":"2026-04-23T23:58:33","modified_gmt":"2026-04-24T02:58:33","slug":"crown-resorts-cancels-sydney-casino-inauguration","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/crown-resorts-cancels-sydney-casino-inauguration","title":{"rendered":"Crown Resorts cancels Sydney casino inauguration"},"content":{"rendered":"\n<p>The operator will only open non-gaming areas in December.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- Crown Resorts has cancelled the inauguration of its US$2.2bn Barangaroo hotel and casino scheduled for December 14 as it awaits the results of the New South Wales Independent Liquor and Gaming Authority (ILGA) hearing into its suitability to hold a licence. <\/p>\n\n\n\n<p>The ILGA has formally requested Crown delay the opening \u201cin light of ongoing concerns over the company\u2019s suitability to run the casino.\u201d<\/p>\n\n\n\n<p>ILGA chair Philip Crawford said that ILGA was not in a position to consider a range of essential regulatory applications on matters such as minimum bet limits, VIP membership policy and gaming area boundaries.<\/p>\n\n\n\n<p>He said that the inquiry had heard evidence of behaviour the regulator regarded as \u201cextremely concerning\u201d.<\/p>\n\n\n\n<p>Non-gaming areas of the property will begin operations as planned, in consultation with ILGA, the company said.<\/p>\n\n\n\n<p>The ILGA is due to reach a decision in February on whether to allow Crown to keep its licence for the Sydney property following its enquiry into an <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/packer-denies-knowledge-of-china-risks\" target=\"_blank\">incident in 2016<\/a><\/em><\/strong>, which saw Crown executives arrested in China for promoting gambling.<\/p>\n\n\n\n<p>Its inquiry heard that Crown had sponsored visas for Chinese high rollers without investigating their backgrounds in relation to money laundering and allowed them to use <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/crowns-legal-head-admits-accounts-went-unmonitored\" target=\"_blank\">unsupervised bank accounts<\/a><\/em><\/strong>.<\/p>\n\n\n\n<p>The operator recently decided to <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/crown-parts-ways-with-junkets-for-good\" target=\"_blank\">end all junket operations<\/a><\/em><\/strong> unless the companies were approved by state regulators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The operator will only open non-gaming areas in December.<\/p>\n","protected":false},"author":2,"featured_media":11922,"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 has postponed the full inauguration of its US$2.2bn Sydney casino, originally slated for December 14, as the New South Wales Independent Liquor and Gaming Authority (ILGA) continues its suitability inquiry. The ILGA cited ongoing concerns regarding Crown's operational integrity, particularly issues related to money laundering, VIP policies, and past conduct, which led to a formal request for the delay. While non-gaming areas will open as planned, the regulator's final decision on Crown's casino license is anticipated in February, following an inquiry into historical compliance failures.","focusai_entities":"Crown Resorts, New South Wales Independent Liquor and Gaming Authority (ILGA), Philip Crawford","focusai_location":"Australia, Sydney, New South Wales, China","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.9), investor_analyst (1.0), journalist_researcher (1.0)","focusai_suggestions":[{"label":"ILGA Decision Impact","query":"What specific governance framework enhancements and operational changes will Crown Resorts need to implement to satisfy ILGA's suitability requirements and secure its Sydney casino license?"},{"label":"Financial Implications","query":"Beyond the immediate operational delay, what are the projected financial implications for Crown Resorts' GGR and NGR, considering the potential for ongoing restrictions on VIP operations or increased compliance costs?"}],"footnotes":""},"categories":[16336,28,158],"tags":[289,14657,1866],"class_list":["post-11920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-casino-news","category-slider-home","tag-australia","tag-crown-resorts","tag-sydney"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11920","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=11920"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11920\/revisions"}],"predecessor-version":[{"id":11923,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11920\/revisions\/11923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11922"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=11920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=11920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=11920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}