The man charged with overseeing Australia’s Crown Resorts’ rehabilitation as a responsible and totally legal casino group, has presented an interim thumbs-up for the organisation.
Stephen O’Bryan QC was appointed the special manager, with considerable legislative powers, to monitor the group following the money-laundering scandal. The group, now part of Blackstone, has given his initial assessment of Crown’s reform programme.
O’Bryan said that the group has made major steps towards returning to suitability to hold a gaming licence, in the two-year improvement period it was granted. After six months in the role, O’Bryan has issued the first of four periodic reports and it shows that new leadership is taking Crown in the right direction.
O’Bryan said that reform work is being undertaken and is generally positive about the progress. “Crown is undertaking a complex and significant reform programme and it has already taken a range of positive steps.”