Crown Sydney opens without its casino

Home » Crown Sydney opens without its casino

Crown Resorts opened its A$2.2bn Crown Sydney property on Monday after a bruising year of suitability hearings and amidst a new cluster of Covid-19 cases in the city.

The company decided to forge ahead with its plans to open after receiving a provisional liquor licence from Liquor and Gaming NSW.

However, the casino component, which was designed to cater for high rollers from Asia, will remain shuttered until regulators give their response to findings in the probe.

It was an event that was hard to miss in the gambling world, but to recap, Crown’s suitability to hold a licence for the Sydney property has undergone a year-long investigation after investigative news reports alleged links to organised crime, money laundering and facilitating visas for VIPs.

Testimony from executives revealed serious lapses in corporate governance, including a last-minute admission there may have been money laundering through its casinos.

More about:  Canadian casino operation sold

Source: Asia Gaming Brief

Leave a Reply

Your email address will not be published. Required fields are marked *

Gambling News from NewsCasinoNew.com is made for the most passionate fans of online casinos and internet gambling. We cover everything: from popular gambling world events and trends to new casino slot game releases and reviews, you will find the latest news stories.