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Land-BasedCasinoLegal & Regulatory

Crown unsuitable to run Perth casino, but won’t lose licence

Crown Resorts has been found unsuitable to run its Perth casino, but the operator has been given two years in which it can return to suitability under the watch of an independent monitor.

crown perth

The decision is contained in the final report by a royal commission into the company, which was released by the state government today.

The commissioners involved - former Western Australia Auditor General Colin Murphy and former Supreme Court Justices Neville Owen and Lindy Jenkins - found Crown facilitated money laundering at the casino, and that it had failed to implement systems to detect suspicious transactions.

The operator also permitted junkets with links to criminal activity, and failed to minimise gambling-related harm.

In a statement released to the Australian Stock Exchange, Crown noted that it acknowledges the report, and will work together with the government in relation to the findings.

“Crown Resorts Limited has today been notified that the Perth Casino Royal Commission Report has been publicly released after being tabled in the Western Australian Parliament,” said the operator.

“Crown acknowledges the Perth Casino Royal Commission’s findings and recommendations. Crown will review the report and will work cooperatively and constructively with the Western Australian Government in relation to the findings and recommendations of the report.”

Crown Managing Director and CEO Steve McCann commented: “Significant progress has been made with Crown’s transformation program, the implementation of company-wide reforms, and establishing the highest standards of governance. 

“This includes investment in people, systems, processes, culture and a sharp focus on responsible gaming and the prevention of financial crime.

“Crown remains committed to continuous improvement across all facets of the business and is prioritising the delivery of safe and responsible gaming across all of our resorts, including Crown Perth.”

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