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Crown Resorts fined $120M for ‘systemic’ failures
Gaming 2022-11-07 4:16 pm By Cat Fredenburgh

Victoria’s gambling regulator has slapped Crown Resorts with $120 million in fines for falling short in its obligation to supervise problem gambling, in what the regulator called “extensive, sustained and systemic failures” spanning 12 years.

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Crown loses bid for contradictor to fight GCO application in class action
Class Actions 2022-10-21 4:01 pm By Cindy Cameronne

A judge has rejected Crown Resort’s bid to appoint a contradictor to fight a group costs order being sought in a shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.

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The Star cops record $100M fine, licence suspension following damning report
Gaming 2022-10-17 5:44 pm By Cindy Cameronne

The NSW gaming regulator has suspended the Star Entertainment Group’s casino license and handed it a $100 million fine after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.

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Crown wants contradictor to fight class action’s GCO application
Class Actions 2022-10-04 3:31 pm By Sam Matthews

Crown Resorts has asked the court to appoint a contradictor to fight against a group costs order sought in shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.

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KordaMentha launches financial crime service with new acquisition
Business of Law 2022-10-04 3:31 am By Cindy Cameronne

Responding to increasing crackdowns on anti-money laundering and counter terrorism breaches, Melbourne consulting firm KordaMentha has merged with Australian advisory firm Murray Waldren Consulting to form a new financial crimes service. The partnership comes off the back of damning reports by gaming regulators in NSW and Victoria into major casinos Star Entertainment and Crown Resorts.…

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Star engaged in ‘inherently deceptive’ practices, unsuitable to hold casino licence: report
Gaming 2022-09-13 4:21 pm By Cindy Cameronne

The NSW gaming regulator has found Star Entertainment is unfit to hold a casino licence and has threatened disciplinary action after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.

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Lawyers called out in damning report on Star Entertainment
Legal Ethics 2022-09-13 11:55 pm By Cat Fredenburgh

Senior lawyers for Star Entertainment have been called out by the NSW gambling regulator for gumming up investigations with unfounded claims of legal professional privilege and misleading the National Australia Bank about transactions that used China Union Pay debit cards.

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ClubsNSW can’t hide contempt of court case against YouTube’s Jordan Shanks
Employment 2022-09-08 5:03 pm By Sam Matthews

ClubsNSW has lost a bid to keep its contempt of court case against whistleblower Troy Stolz and YouTuber Jordan Shanks secret, with a judge finding “the interests of open justice are paramount”.

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Crown could face $100M fine over blank cheque practices
Gaming 2022-09-01 10:08 pm By Cat Fredenburgh

Crown Resorts could be on the hook for a record $100 million fine after Victoria’s gambling regulator brought new disciplinary proceedings accusing the casino of allowing gamblers to exchange bank or blank cheques for gambling chips.

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Crown accused of failing to rein in problem gamblers
Gaming 2022-07-04 9:28 pm By Cat Fredenburgh

Crown Resorts could face another record fine after Victoria’s gambling regulator launched fresh disciplinary proceedings seeking information about the casino’s alleged failure to properly supervise problem gamblers.

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