• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 11 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Crown found unsuitable to retain Crown Perth license but given two-year reprieve under independent monitor

Ben Blaschke by Ben Blaschke
Thu 24 Mar 2022 at 12:19
Australia’s Crown Resorts to reopen Perth casino this Saturday

Crown Perth

52
SHARES
1.3k
VIEWS
Print Friendly, PDF & Email

The Perth Casino Royal Commission into the suitability of Crown Resorts and its associated entities to continue running Crown Perth has found the company unsuitable but provided a two-year window in which the company can return to suitability under the watch of an independent monitor.

The final report of the Perth Casino Royal Commission, released Thursday, echoes the findings of the recent Victorian Royal Commission into Crown Melbourne which refrained from immediate cancellation of the Melbourne license and opted instead to implement a monitor.

In releasing its findings, the Perth Royal Commission said that each of Burswood Nominees Ltd, Crown Resorts Limited, Burswood Limited and Burswood Resort (Management) Limited was not a suitable person to be concerned in or associated with the organization and conduct of gaming operations of a licensed casino, and that Burswood Nominees Ltd is not a suitable person to continue to hold the gaming licence for Crown Perth.

“We determined that in order to become suitable each entity would be required to embark on a pathway to suitability, with their remediation activities overseen by an independent monitor,” the report said.

“This pathway would take about two years to travel. At the end of it, the monitor would provide a report to the Gaming and Wagering Commission.”

The report also includes a total of 59 recommendations – many with multiple clauses – covering everything from Crown’s corporate and boardroom structures to responsible gambling and anti-money laundering controls.

Those recommendations include a call for the board of Burswood Ltd to be increased from its current size of four, comprising a majority of non-executive directors and including at least two people independent of Crown Resorts.

On the casino floor itself, the report calls for a binding loss pre-commitment and play period limits scheme for electronic gaming machine (EGM) play requiring all patrons to pre-set weekly loss and time limits. It also suggests a $10 maximum bet limit on all EGMs on the main gaming floor and a requirement for patrons to take a 15-minute break after three hours of continuous EGM play. Restricting each patron to a maximum of 12 hours of EGM play daily and 28 hours weekly is recommended.

The final report also takes aim at Western Australia’s regulatory regime, described as “not fit for purpose” and requiring replacement with a modern regulatory framework.

“It was flawed from conception in that it failed to identify the legislative objectives of casino regulation,” the report says.

“We have further found that there have been numerous deficiencies in the manner in which the Gaming and Wagering Commission has exercised its power and responsibilities in relation to casinos and casino gaming.”

The Department of Local Government, Sport and Cultural Industries has contributed to these failures, it added, by giving the Commission more duties and functions without a corresponding or sufficient increase in expertise, numbers and funding.

This has “resulted in deficient regulation of the risks from the organization and conduct of gaming operations at Perth Casino. This regulatory failure has, in turn, contributed to the past and current failure of the Perth Casino licensee and its associates to adequately mitigate those same risks.”

Notably, the report acknowledges the steps already taken by Crown in the wake of the Bergin Inquiry in NSW and the Victorian Royal Commission.

“The Remediation Plan developed and partially implemented by Crown during 2021 and into 2022 means that the factual matrix in respect of which the Perth Casino Royal Commission is required to opine is different from the one with which the New South Wales inquiry dealt and different again from that which confronted the Victorian inquiry,” it says.

“A lot has changed, mainly for the better, even since the Victorian inquiry reported in October 2021.”

In a filing, Crown said it would “work cooperatively and constructively” with the Western Australian Government in relation to the findings and recommendations of the final report.

“Significant progress has been made with Crown’s transformation program, the implementation of company-wide reforms, and establishing the highest standards of governance,” said Crown’s Managing Director and Chief Executive Officer, Steve McCann. “This includes investment in people, systems, processes, culture and a sharp focus on responsible gaming and the prevention of financial crime.

“Crown remains committed to continuous improvement across all facets of the business and is prioritising the delivery of safe and responsible gaming across all of our resorts, including Crown Perth.”

RelatedPosts

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

Wed 9 Apr 2025 at 06:16
Trade union warns massively increased casino pokies tax in NSW will cost jobs

Pub baron Bruce Mathieson agrees additional AU$100 million Star investment, reduces Bally’s contribution to AU$200 million

Wed 9 Apr 2025 at 05:40
Inside Thai IRs

Thailand to postpone parliamentary debate on casino bill

Tue 8 Apr 2025 at 18:57
NagaWorld

GGR at Cambodia’s NagaWorld up 17.7% to US$171 million in 1Q25

Tue 8 Apr 2025 at 06:29
Load More
Tags: AustraliacasinoCrown PerthCrown Resortsroyal commissionSteve McCannsuitability
Share21Share4
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – The real reason Philippines casino revenues are down

Editorial – The real reason Philippines casino revenues are down

by Ben Blaschke
Sun 30 Mar 2025 at 23:04

After enjoying a post-COVID surge in gaming revenues at its licensed casinos, the Philippines has hit a rocky patch. In...

Inside Thai IRs

Inside Thai IRs

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:59

No time to read this whole article? Here are the bullet points! With passage of Thailand’s Entertainment Complex Bill through...

Resorts World Las Vegas – Lighting up the north

Resorts World Las Vegas – Lighting up the north

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:52

Inside Asian Gaming recently visited Genting’s American icon Resorts World Las Vegas to take a closer look at a property...

A baccarat perspective

A baccarat perspective

by Ryan Hong-Wai Ho
Sun 30 Mar 2025 at 22:37

In the first of a two-part series, Ryan Ho explores how gaming innovations and market changes have shaped the prominence...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

by Newsdesk
Wed 9 Apr 2025 at 06:16

Star Entertainment Group confirmed Monday it had entered into a binding term sheet with US casino operator Bally’s Corp to take control of the company as part of a US$300 million (US$180 million) deal. The term sheet, comprising a multi-tranche...

China-owned contractor of Chow Tai Fook’s Baha Mar ordered to pay US$1.6 billion to original owner for “many acts of fraud”

New York appellate court dismisses China Construction America’s appeal in US$1.6 billion Baha Mar fraud case

by Ben Blaschke
Wed 9 Apr 2025 at 05:59

A New York court has dismissed an appeal by China Construction America, Inc (CCA) against a Supreme Court ruling in October requiring it to pay US$1.6 billion to the original owner of Bahamas casino resort Baha Mar for committing “many acts...

Trade union warns massively increased casino pokies tax in NSW will cost jobs

Pub baron Bruce Mathieson agrees additional AU$100 million Star investment, reduces Bally’s contribution to AU$200 million

by Ben Blaschke
Wed 9 Apr 2025 at 05:40

Star Entertainment Group’s largest individual shareholder Investment Holdings Pty Ltd has entered into a binding term sheet with US casino operator Bally’s Corp that will see it subscribe for AU$100 million (US$60 million) in convertible bonds, reducing in the process...

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

by Newsdesk
Wed 9 Apr 2025 at 05:35

Genting Group’s US flagship Resorts World Las Vegas (RWLV) has announced the appointment of casino industry veteran Greg Shulman as Executive Vice President of International Marketing. Continuing the property’s recent management overhaul, RWLV said Shulman will lead its international casino...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English