{"id":16500,"date":"2021-04-01T16:13:59","date_gmt":"2021-04-01T16:13:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16500"},"modified":"2026-04-23T20:38:08","modified_gmt":"2026-04-23T23:38:08","slug":"nsw-regulator-crown-could-regain-sydney-licence-this-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nsw-regulator-crown-could-regain-sydney-licence-this-year","title":{"rendered":"NSW regulator: Crown could regain Sydney licence this year"},"content":{"rendered":"\n<p>Philip Crawford, head of the Independent Liquor and Gaming Authority (ILGA), has said the reinstatement of Crown Resorts\u2019 licence in New South Wales was a \u201crealistic prospect.&#8221;<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- Since the ILGA officially declared Crown Resorts\u00a0<strong>unsuitable to hold a state licence<\/strong>\u00a0for its Crown Sydney casino, the casino operator has begun an attempt to put its ship in order to gain approval for the opening of the new casino.<\/p>\n\n\n\n<p>Several board members have resigned, and <strong>Helen Coonan has stepped in as executive chairman<\/strong> on an interim basis replacing former <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/crown-resorts-ceo-resigns\"><strong><em>CEO Ken Barton<\/em><\/strong><\/a><strong><em>.<\/em><\/strong> It is now working to provide the ILGA with a written action plan.<\/p>\n\n\n\n<p>The head of the New South Wales regulator, <strong>Philip Crawford,<\/strong> has said that Crown has <strong>made progress<\/strong> but <strong>needs to demonstrate complete rehabilitation<\/strong> to be found suitable to hold its licence.<\/p>\n\n\n\n<p>Crawford stated: &#8220;Let\u2019s be under no illusion, if I\u2019m not satisfied, <strong>if the Independent Liquor and Gaming Authority\u2019s not satisfied that they have rehabilitated themselves<\/strong>, they won\u2019t be found suitable.&#8221;<\/p>\n\n\n\n<p>However, he also noted that the<strong> reinstatement of the licence in the second half of this year was a \u201crealistic prospect.\u201d<\/strong><\/p>\n\n\n\n<p><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/blackstone-makes-au8bn-offer-to-acquire-crown-resorts\" target=\"_blank\">Blackstone Group has made an unsolicited non-binding offer<\/a><\/em> to\u00a0<strong>acquire all remaining shares in Crown Resorts<\/strong>\u00a0for<strong>\u00a0AU$11.85 cash per share<\/strong>.<\/p>\n\n\n\n<p>However, <strong>Blackstone Group\u2019s proposal is subject to several conditions<\/strong>, including arranging debt finance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Philip Crawford, head of the Independent Liquor and Gaming Authority (ILGA), has said the reinstatement of Crown Resorts\u2019 licence in New South Wales was a \u201crealistic prospect.&#8221;<\/p>\n","protected":false},"author":176,"featured_media":16501,"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 making demonstrable progress towards regaining its New South Wales casino license, with ILGA head Philip Crawford indicating a \"realistic prospect\" for reinstatement in H2 this year, contingent on complete rehabilitation. Concurrently, Blackstone Group has submitted an unsolicited, non-binding offer to acquire all remaining shares in Crown Resorts, subject to financing and other conditions.","focusai_entities":"Philip Crawford, Independent Liquor and Gaming Authority (ILGA), Crown Resorts, Crown Sydney, Helen Coonan, Ken Barton, Blackstone Group","focusai_location":"Australia, New South Wales, Sydney","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ILGA's Suitability Criteria?","query":"What specific, measurable governance and operational reforms must Crown Resorts implement to satisfy ILGA's suitability criteria for license reinstatement, beyond board resignations?"},{"label":"Blackstone Offer Impact?","query":"How would Blackstone Group's potential acquisition of Crown Resorts impact the ongoing regulatory suitability assessment by ILGA, particularly concerning the 'complete rehabilitation' requirement?"}],"footnotes":""},"categories":[16336,154,158],"tags":[14657,23728],"class_list":["post-16500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legislation-news","category-slider-home","tag-crown-resorts","tag-ilga"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16500","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16500"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16500\/revisions"}],"predecessor-version":[{"id":16554,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16500\/revisions\/16554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16501"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}