{"id":17763,"date":"2021-05-11T16:48:32","date_gmt":"2021-05-11T16:48:32","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17763"},"modified":"2026-04-23T19:39:33","modified_gmt":"2026-04-23T22:39:33","slug":"western-australian-casino-regulator-unskilled-on-money-laundering","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/western-australian-casino-regulator-unskilled-on-money-laundering","title":{"rendered":"Western Australian casino regulator unskilled on money laundering"},"content":{"rendered":"\n

Gaming and Wagering Commission member Barry Sargeant said the regulator lacked policies or procedures for dealing with the risks of criminal activity at Crown Resorts.<\/p>\n\n\n\n\n\n\n\n

Australia.- Western Australia’s Royal Commission into Crown Resorts heard from Gaming and Wagering Commission board member Barry Sargeant on the second day of its hearings.<\/p>\n\n\n\n

According to ABC newspaper, when asked about the Gaming and Wagering Commission’s (GWC)<\/a>\u00a0role,\u00a0Sargeant said the regulator was aware of the risks regarding criminal conduct\u00a0<\/strong>but did not have the resources or knowledge to deal with it.<\/p>\n\n\n\n

Sargeant added\u00a0that GWC would rely on the WA Police and the Australian Federal Police<\/strong>\u00a0activity despite having the power to order investigations.<\/p>\n\n\n\n

His testimony comes after the head of the regulator, Duncan Ord<\/strong>, admitted he had\u00a0no formal training in casino regulation\u00a0<\/strong>before assuming the role.<\/p>\n\n\n\n

Sargeant also said he had reservations about the appointment of Mark Beecroft as chief casino officer\u00a0<\/strong><\/strong>after Michael Connolly stepped down following revelations about his social relationship with\u00a0Crown staff<\/a>.\u00a0However, <\/strong>he said that he did not raise concerns because he could not think of an alternative.<\/p>\n\n\n\n

Western Australia’s Royal Commission expects to deliver an\u00a0internal report by June 30\u00a0<\/strong>and a final report by November 14.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gaming and Wagering Commission member Barry Sargeant said the regulator lacked policies or procedures for dealing with the risks of criminal activity at Crown Resorts.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Western Australia Royal Commission into Crown Resorts has revealed significant governance and regulatory compliance deficiencies within the Gaming and Wagering Commission (GWC). A GWC board member testified the regulator lacked adequate policies, resources, and expertise to address criminal activity risks at Crown, relying instead on police despite its own investigative powers. This follows admissions of insufficient training for the GWC head and concerns regarding key appointments, highlighting systemic weaknesses in regulatory oversight.","focusai_entities":"Barry Sargeant, Crown Resorts, Gaming and Wagering Commission (GWC), WA Police, Australian Federal Police, Duncan Ord, Mark Beecroft, Michael Connolly","focusai_location":"Australia, Western Australia","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GWC Reform Impact","query":"What specific governance framework and operational reforms are anticipated for the Gaming and Wagering Commission following the Royal Commission's final report, and how will these impact B2B\/B2C licensing and regulatory compliance for existing operators?"},{"label":"Crown's Future Licensing","query":"Given the GWC's admitted deficiencies, what is the projected impact on Crown Resorts' ongoing licensing status and operational conditions in Western Australia, particularly concerning its internal compliance and risk management protocols?"}],"footnotes":""},"categories":[16336,156,158],"tags":[20215,14657,23907],"class_list":["post-17763","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-crown-perth","tag-crown-resorts","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17763","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=17763"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17763\/revisions"}],"predecessor-version":[{"id":17784,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17763\/revisions\/17784"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}