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Victoria Fast-Tracks Crown Gaming Review Following Money Laundering Revelations at NSW Inquiry

Victoria Fast-Tracks Crown Gaming Review Following Money Laundering Revelations at NSW Inquiry Beleaguered gaming group Crown Resorts has been dealt another blow with the Victorian state government announcing it will fast track a review of its gaming license by two years. This will be the seventh review of the casino operator by the Victorian Commission for Gambling and Liquor Regulation (VCGLR), which was originally slated for 2023. In recent months, the New South Wales Independent Liquor and Gaming Authority has uncovered alarming management issues (between Chairman James Packer and the executive team), as well as major money-laundering issues. It follows a joint investigation by Nine media alleging Crown turned a blind eye to money-laundering at Crown’s Melbourne and Perth properties, and the exploitation of Australia’s visa system to fast-track visas for Chinese high-rollers.

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