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Crown to face first ever oppressive conduct claims in shareholder class action
Entertainment 2021-03-04 9:16 pm By Spencer Fowler Steen

Crown Resorts is facing the first ever oppressive conduct claims in a shareholder class action which alleges the casino giant had lax anti-money laundering compliance systems in place over a six-year period, a judge has heard.

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Viagogo wins stay of $7M penalty after evidence of COVID-19’s ‘catastrophic’ impact
Competition & Consumer Protection 2021-03-04 2:44 pm By Cindy Cameronne

Crying poor during COVID-19, Viagogo has won a temporary stay of a $7 million penalty imposed by a court that found the ticket reseller misled customers on an ā€œindustrial scaleā€.

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Viagogo seeks stay of $7M penalty, citing ‘catastrophic effect’ of COVID-19 pandemic
Appeals 2021-02-23 2:29 pm By Miklos Bolza

Ticket reseller Viagogo is seeking a stay of a $7 million penalty in litigation brought by the ACCC in light of the “catastrophic effect” of the COVID-19 pandemic, as the company appeals a court’s finding that it misled customers on an “industrial scale”.

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Victoria launches royal commission into Crown Resorts
Crown Resorts 2021-02-22 9:19 pm By Cat Fredenburgh

A royal commission has been established in Victoria to look into whether Crown Melbourne is suitable to hold a casino licence in the state, following a damning report from the NSW gaming authority.

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Group members in Guvera class action could be left empty-handed
Class Actions 2021-02-22 3:29 pm By Spencer Fowler Steen

Group members in a class action against Oculus Accounting may not receive a payout after the company’s insurers refused to indemnify it against claims alleging the accounting firm was negligent in prompting an investment in failed music streaming platform Guvera.

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Crown directors resign in wake of scathing gaming authority report
Entertainment 2021-02-10 9:09 pm By Miklos Bolza

Two directors of Crown Resorts have resigned following the release of a damning report from the NSW gaming authority.

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Crown Resorts not suitable to run Barangaroo casino, damning report says
Crown Resorts 2021-02-09 11:38 pm By Christine Caulfield

Crown Resorts should not have a licence to run the Barangaroo casino in Sydney after facilitating money laundering and partnering with junket operators linked to organised crime, a report following the NSW gaming authority inquiry has found.

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Race car driver Max Twigg appeals ruling he misappropriated $100M from family trust fund
Sports 2021-02-02 2:52 pm By Spencer Fowler Steen

Race car driver and former owner of the famed Byron Bay Hotel, Max Twigg, has launched an appeal of a ruling that he misappropriated around $100 million in family trust money and took steps to conceal the transfer of funds from his mother.

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Aristocrat settles spat with Ainsworth over alleged poker machine trade secrets theft
Intellectual Property 2021-01-12 3:23 pm By Christine Caulfield

Casino and mobile game giant Aristocrat Leisure has reached a settlement in its lawsuit against rival Ainsworth Game Technology that alleged a former employee stole trade secrets related to a lucrative slot machine.

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Crown Resorts hit with class action over money laundering compliance
Class Actions 2020-12-14 12:01 pm By Cat Fredenburgh

Maurice Blackburn has hit Crown Resorts with a shareholder class action alleging the casino giant had lax anti-money laundering compliance systems in place overĀ  a six-year period.

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