Pressure is building on Crown Resorts’ chief executive Ken Barton and director Andrew Demetriou to follow two of James Packer’s most loyal lieutenants and resign from the gambling giant.
Casino giant Crown Resorts is not fit to run its $2.2 billion Sydney casino because it facilitated money laundering and has other deep problems, a highly anticipated report has found.
James Packer’s Crown Resorts has been found unsuitable to hold a casino licence at Barangaroo in Sydney but should be given an opportunity to make sweeping changes to make itself suitable, a much awaited report has found. A report written by former New South Wales supreme court judge, Patricia Bergin SC, said the evidence money laundering, Crown’s operations in China which led to arrests of its staff in 2016, and its associations with junket.
Australian casino giant Crown Resorts Ltd is unsuitable to hold a gambling licence for its flagship new Sydney resort unless it makes sweeping changes to its board and culture, according to a highly critical report by an industry regulator.