Crown probes to focus on probity, though major hurdles unlikely

Crown casino
Crown casino

Australian regulators are likely to focus on probity issues in their investigations into Crown Resorts’ operations, although experts don’t expect any major red flags to be raised. The country’s gaming industry is under the spotlight following a July investigative report by The Age, 60 Minutes and the Sydney Morning Herald, which made a series of explosive allegations against the company, including dealing with junkets with links to organized crime, money laundering through its casinos and working with immigration to fast track visas for VIPs. The report was met with mixed reactions from the industry, with some saying it appeared to lack in-depth knowledge about standard practices. Crown’s Australian competitor Star Entertainment Group came out to defend the use of junkets, which were featured in a particularly negative light, pointing out they are a well-established feature of the gaming industry. Jamie Nettleton, a partner at Addisons, recently spoke to Asia Gaming Brief about his initial...

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