{"id":18052,"date":"2021-05-19T15:33:53","date_gmt":"2021-05-19T15:33:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18052"},"modified":"2026-04-23T19:24:44","modified_gmt":"2026-04-23T22:24:44","slug":"vcglr-criticises-crown-resorts-over-2019-ad","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/vcglr-criticises-crown-resorts-over-2019-ad","title":{"rendered":"VCGLR criticises Crown Resorts over 2019 ad"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Victorian Commission for Gaming and Liquor Regulation has criticised Crown Resorts&#8217; board for signing an advertisement that attacked its investigation that revealed money laundering through its casinos.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.- The Victorian Commission for Gaming and Liquor Regulation (VCGLR) has criticised <strong>an advertisement published in July 2019<\/strong>\u00a0by Crown Resorts&#8217; board.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The advert had <strong>attacked the VCGLR&#8217;s investigation <\/strong>of the circumstances around the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/victorias-royal-commission-to-examine-crown-staff-arrests-in-china\">arrest of 19 Crown executives in China<\/a>\u00a0in 2016.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Giving testimony at the Victorial Royal Commission into Crown Resorts, the VCGLR said <strong>the advertisement had been \u201chighly provocative\u201d<\/strong>\u00a0and \u201chighly inappropriate.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The\u00a0<strong>advertisement had been signed by all 11 Crown directors<\/strong>, including Crown\u2019s executive chairman, Helen Coonan, who later admitted the advertisement was inappropriate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the first day of the Royal Commission&#8217;s public hearings,\u00a0<strong>Timothy Bryant<\/strong>, a compliance officer at the VCGLR said\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/crown-lied-to-victorian-gaming-regulator-inquiry-hears\">Crown Resorts lied to him<\/a>\u00a0about the arrest of 19 Crown executives in China in 2016.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Bryant,\u00a0<strong>Crown Resorts failed to give correct information to the VCGLR\u00a0<\/strong>and delayed providing documents and reports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Crown Resorts could open its Barangaroo casino by October<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In New South Wales, ILGA chairman<strong>\u00a0Philip Crawford<\/strong>\u00a0has said he thinks the opening of the<strong>\u00a0Barangaroo casino<\/strong>\u00a0may be possible <strong>towards the end of October<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Crown Resorts has been ordered to pay\u00a0<strong>AU$12.5m to cover the cost of the ILGA&#8217;s inquiry\u00a0<\/strong>into Crown and must pay an annual Casino Supervisory Levy of AU$5m for fiscal years 2021 and 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, <strong>Western Australia<\/strong>\u00a0is also carrying out a public inquiry to examine\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wa-gambling-regulator-under-scrutiny-in-crown-resorts-probe\">Crown Resorts<\/a>\u2019 suitability to continue holding a casino gaming licence for Crown Perth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The inquiry will also analyse how the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wa-gambling-regulator-under-scrutiny-in-crown-resorts-probe\">Western Australian regulator carried out its duties<\/a>\u00a0concerning Crown\u2019s casino.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first witness was&nbsp;<strong>Gaming and Wagering Commission (GWC) chair Duncan Ord<\/strong>, who admitted he had<strong>&nbsp;no formal training in casino regulation&nbsp;<\/strong>before assuming the role.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An<strong>\u00a0interim report is expected by June 30<\/strong>, with a final report with findings and recommendations due by November 14.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Victorian Commission for Gaming and Liquor Regulation has criticised Crown Resorts&#8217; board for signing an advertisement that attacked its investigation that revealed money laundering through its casinos.<\/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 Victorian Commission for Gaming and Liquor Regulation (VCGLR) has criticized Crown Resorts' board for an \"inappropriate\" advertisement attacking its money laundering investigation, while a compliance officer testified Crown lied about executive arrests. Concurrently, Crown faces ongoing inquiries in New South Wales and Western Australia regarding its casino licenses and suitability, incurring significant fines and supervisory levies.","focusai_entities":"Crown Resorts, Victorian Commission for Gaming and Liquor Regulation, Helen Coonan, Timothy Bryant, ILGA, Philip Crawford, Gaming and Wagering Commission, Duncan Ord","focusai_location":"Australia, Victoria, New South Wales, Western Australia, China, Barangaroo, Perth","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.98), operator_casino (0.9), payments_fraud_aml (0.9), investor_analyst (0.92), supplier_vendor (0.75), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Crown Governance Failures?","query":"What specific governance framework deficiencies led to Crown's board approving the 'highly provocative' advertisement, and what remedial actions are mandated by the Royal Commission?"},{"label":"Crown Financial Outlook?","query":"How will the AU$12.5m ILGA payment and AU$5m annual Casino Supervisory Levy impact Crown Resorts' projected NGR and EBITDA, and what are the implications for shareholder value?"}],"footnotes":""},"categories":[16336,28],"tags":[14657,23911,23907],"class_list":["post-18052","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-casino-news","tag-crown-resorts","tag-gambling-regulation","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18052","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=18052"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18052\/revisions"}],"predecessor-version":[{"id":18082,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18052\/revisions\/18082"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}