{"id":17845,"date":"2021-05-13T14:38:02","date_gmt":"2021-05-13T14:38:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17845"},"modified":"2026-04-23T19:35:07","modified_gmt":"2026-04-23T22:35:07","slug":"crown-resorts-to-implement-cashless-gambling","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/crown-resorts-to-implement-cashless-gambling","title":{"rendered":"Crown Resorts to implement cashless gambling"},"content":{"rendered":"\n<p>Crown Resorts has agreed to introduce cashless gaming at its casinos to help tackle money laundering.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- Crown Resorts has announced that its <strong>casino venues will switch to cashless operations<\/strong> to help tackle money laundering. It will also<strong>&nbsp;stop working with junket operators<\/strong>&nbsp;as a way to make its operations more transparent.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/crown-resorts-to-phase-out-indoor-smoking\">The company<\/a>\u00a0has also stated it will\u00a0<strong>eliminate indoor smoking<\/strong>. The changes are being made to meet requirements made by the New South Wales regulator, the Independent Liquor and Gaming Authority&#8217;s (ILGA).<\/p>\n\n\n\n<p>Crown is aiming to satisfy the regulator in order to retain its licence to open&nbsp;<strong>gaming facilities at its new venue in Sydney<\/strong>.<\/p>\n\n\n\n<p>According to local media,&nbsp;ILGA chairman <strong>Philip Crawford<\/strong>, has said&nbsp;<strong>Crown Resorts was making progress<\/strong>&nbsp;to be found suitable to hold a casino licence.&nbsp;<\/p>\n\n\n\n<p>The company has recently appointed <strong>Steve McCann as its new CEO<\/strong>&nbsp;and managing director&nbsp;from June 1.<\/p>\n\n\n\n<p>Meanwhile, several companies have made offers to acquire the&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/stars-bid-for-crown-reopens-debate-on-gambling-industry\">Crown Resorts<\/a>, including The&nbsp;<strong>Star Entertainment<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crown Resorts has agreed to introduce cashless gaming at its casinos to help tackle money laundering.<\/p>\n","protected":false},"author":176,"featured_media":17277,"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 implementing cashless gaming and ceasing junket operations across its casino venues to enhance anti-money laundering controls and operational transparency. These measures are critical to satisfy the Independent Liquor and Gaming Authority's requirements and secure its gaming license for the new Sydney facility. The company's compliance efforts are underway amidst a recent CEO appointment and ongoing M&A interest.","focusai_entities":"Crown Resorts, Independent Liquor and Gaming Authority, ILGA, Philip Crawford, Steve McCann, The Star Entertainment","focusai_location":"Australia, New South Wales, Sydney","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), product_ux (0.75), tech_data (0.85), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Cashless system impact?","query":"What specific technological and operational challenges does Crown Resorts anticipate in implementing a fully cashless gaming environment, and what is the projected timeline for full deployment and regulatory approval?"},{"label":"M&A valuation impact?","query":"How do these significant regulatory compliance expenditures and operational overhauls, including the cessation of junket operations, impact Crown Resorts' enterprise valuation and the attractiveness to potential acquirers like The Star Entertainment?"}],"footnotes":""},"categories":[16336,157,158],"tags":[14657],"class_list":["post-17845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","category-slider-home","tag-crown-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17845","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=17845"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17845\/revisions"}],"predecessor-version":[{"id":17878,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17845\/revisions\/17878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17277"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}