Posted Articles
Canberra Clubs Reports Big Losses
The coronavirus pandemic has had a big impact on one of Canberra’s biggest clubs. The Canberra Times reports that the Canberra Labor Club posted a loss of more than $10 million in the past financial year, with a significant fall in pokies revenue posted. The…
High Rollers Banned from Crown Perth
A ban has been issued on all high roller activity at Crown Perth. Asgam reports that the Western Australian Gaming and Wagering Commission has issued a direction to ban high roller gamblers at the venue, extending a previous junket ban. Last Wednesday,…
Helen Coonan Signs on as Crown Resorts Chairwoman
Photograph: Mick Tsikas/AAP Crown Resorts has shifted its attention to recovery mode after the damning Bergin report into its operations in Melbourne and Perth that ultimately led to a recommendation that it not be granted a casino licence in Sydney. The Australian Financial Review…
Packer’s Options Limited as Bergin Inquiry Questions his Suitability
The findings of the Bergin inquiry could force Crown Resorts’ major shareholder James Packer to sell, the ABC reports. Crown Resorts recorded a half-year loss of $120.9 million to December 2020 as COVID-19 restrictions kept its Melbourne casino closed for most of that period.
Victoria Sets up Royal Commission into Crown Resorts
Crown Resorts is set to be at the centre of another state government inquiry, this time, a royal commission in Victoria. The Age reports the Victorian government will launch a royal commission into Crown Resorts to gauge its suitability to hold a casino licence…
Calls for Australia to Establish Independent Casino Commission
The Bergin report into Crown Resorts has led to calls for an independent casino commission. The Australian Financial Review said the failure of the Commonwealth’s financial crime regulator to stop money laundering at the country’s biggest casinos has led to the calls. A former NSW Supreme Court judge and…
WA Gaming Commission Recommends Inquiry into Crown Perth Operations
An investigation into Crown Resorts’ Sydney operations has prompted the West Australian gaming regulator to recommend its government does the same. The ABC reports that the state’s regulator has recommended the government establish an independent inquiry into Crown’s Perth casino licence. The recommendation was made after an urgent meeting…
Cashless Gaming Card Receives Opposition from Within
The introduction of a cashless gaming card in New South Wales has caused controversy in the NSW government, with the Deputy Premier breaking rank and failing to support the proposal. The ABC reports that NSW Deputy Premier John Barilaro doesn’t support the idea of a cashless gambling card. A…
Barton Resigns as Crown Chief Following Bergin Report
The chief executive and managing director of Crown Resorts, Ken Barton, has stepped down following the release of a report into the gambling giant. ABC News reports that Crown said it was determined to take “significant steps” to improve governance, compliance and culture” when announcing Mr Barton’s resignation. Helen…
Experts Call for Crown’s Entire Board to Step Aside
A scathing report into Crown Resorts has led to corporate governance experts expecting Crown’s entire board to resign. The Guardian reports that the report, tabled in New South Wales parliament last Tuesday, has prompted a week of boardroom bloodletting at the company, with three directors so far resigning and…
