Authorities Allege Widespread Money Laundering at Australia’s Largest Casino Operator

An inquiry into Australia’s largest casino operator has concluded that it was not fit to hold a gaming license in Sydney.

Commissioner Patricia Bergin who led the probe said that the Sydney casino of Crown Resorts can only be licensed if it made changes to management, which includes replacing its executives.

The report by the commissioner alleged the casino operator of money laundering and having ties to organized crime groups.

“Any applicant for a casino license with the attributes of Crown’s stark realities of facilitating money laundering, exposing staff to the risk of detention in a foreign jurisdiction and pursuing commercial relationships with individuals with connections to Triads and organized crime groups would not be confident of a positive outcome,” Bergin held in the report.

She added that there was also a high possibility of laundering money in its Melbourne and Perth casinos.

The state’s Independent Liquor and Gaming Authority (ILGA) said that it would sit down with Crown to “talk the issues through.”

Meanwhile, WA Premier Mark McGowan has expressed concerns on the consequences of shutting down operations in Perth saying, “Obviously we have no tolerance for criminality or any sort of inappropriate conduct going on in the casino.”

“We will ensure that we have the highest standards but we take account of the fact we need to keep people employed,” he added.

New South Wales Premier Gladys Berejiklian maintained that anyone who wants to operate a casino business must “stick to the law.”

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