• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 15 November 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Crown Melbourne deducted AU$200 million in casino comps as player winnings to reduce tax

Ben Blaschke by Ben Blaschke
Tue 8 Jun 2021 at 05:10
Wynn terminates negotiations to take over Australia’s Crown Resorts

Crown Melbourne

77
SHARES
1.9k
VIEWS
Print Friendly, PDF & Email

A Royal Commission into Crown Melbourne’s suitability to retain its long-held casino license in Victoria was told Monday that Crown Resorts had avoided paying up to AU$200 million in taxes by classifying comps, including free parking, as gambling winnings.

Under Victoria’s Casino Control Act, Crown Melbourne is required to pay tax as a percentage of its gross gambling revenue (GGR) – calculated as gambling revenue minus winnings.

However, the Royal Commission was told by Crown Melbourne’s Executive General Manager of Gaming Machines, Mark Mackay, on Monday that the company had also included comps in its list of deductions, comprising everything from free parking to free hotel rooms, meals and loyalty rewards points given to members and special guests.

The exact amount of savings was calculated by Crown earlier this year at the request of Crown Melbourne CEO Xavier Walsh following a directive from the Royal Commission to provide any information that may constitute a breach of its Casino Control Act. However, after calculating tax savings of AU$167 million between 2014 and 2019 – and up to AU$200 million through to 2021 – Crown subsequently failed to pass the details on.

McKay told the Royal Commission on Monday that there was ambiguity in the definition of winnings contained within the Casino Control Act but agreed comps, which had been listed in company documents as “jackpot” expenses, “are not from a gaming machine event.”

The revelations on Crown’s alleged tax avoidance came just hours after the company had revealed via an ASX filing on Monday morning that it had received legal advice on likely breaches of the Casino Control Act at Crown Melbourne between 2012 and 2016 that had seen it process more than AU$160 million in gambling funds via credit or debit card processing.

According to Crown, the historical breaches involved the company receiving payment from debit or credit cards of international guests at Crown Melbourne’s Crown Towers Hotel, with the funds then made available to the patron for gaming at Crown Melbourne’s casino.

Under Section 68 of Victoria’s Casino Control Act, an operator is prohibited from providing money or chips for gambling as part of a transaction involving a credit or a debit card.

RelatedPosts

Light & Wonder completes sole ASX listing

Light & Wonder completes sole ASX listing

Fri 14 Nov 2025 at 11:36
On the brink

Jefferies raises Macau Q4 GGR estimates following recent market strength

Thu 13 Nov 2025 at 14:35
India online gaming ban and adverse sports results in Australia impact Flutter’s APAC revenue in Q3, trigger US$556 million impairment

India online gaming ban and adverse sports results in Australia impact Flutter’s APAC revenue in Q3, trigger US$556 million impairment

Thu 13 Nov 2025 at 11:32
SJM sees profit, EBITDA rise in 3Q19 despite 13.3% fall in gross gaming revenue

SJM sees revenue decline, profit tumble in 3Q25 on satellite closures and Grand Lisboa decline

Wed 12 Nov 2025 at 18:39
Load More
Tags: AustraliaCrown MelbourneCrown Resortsgross gaming revenueroyal commissiontax
Share31Share5
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Careful what you wish for

Editorial – Careful what you wish for

by Ben Blaschke
Tue 11 Nov 2025 at 17:28

The shock withdrawal of MGM Resorts from the New York casino licensing bid highlights the challenges faced by jurisdictions globally...

2025 Asian Gaming Power 50: Ones To Watch

The 2025 Asian Gaming Power 50

by Andrew W Scott
Tue 11 Nov 2025 at 17:21

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming...

2025 Asian Gaming Power 50: Meet the panel

2025 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 11 Nov 2025 at 17:01

IAG introduces the nine members of the judging panel who have determined this year’s Asian Gaming Power 50 list. Andrew...

2025 Asian Gaming Power 50: Ones To Watch

2025 Asian Gaming Power 50 List

by Newsdesk
Tue 11 Nov 2025 at 16:44

RANK POWER SCORE NAME TITLE ORGANIZATION 1 6,045 FRANCIS LUI CHAIRMAN Galaxy Entertainment Group 2 5,843 PANSY HO CHAIRPERSON AND...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
568Win

Related Posts

Genting in Macau … Why? How? (Part 2 of 2)

Independent advisor recommends Genting Malaysia reject parent’s takeover offer as analyst warns substantially increased offer price likely unachievable

by Ben Blaschke
Fri 14 Nov 2025 at 14:39

The independent advisor appointed by Genting Malaysia to review the voluntary takeover offer put forward by its parent Genting Berhad has recommended the company reject the offer, with analysts suggesting a full takeover may be difficult to achieve given financial...

Light & Wonder completes sole ASX listing

Light & Wonder completes sole ASX listing

by Ben Blaschke
Fri 14 Nov 2025 at 11:36

Global gaming supplier Light & Wonder has completed its transition from a dual listing to a sole listing on the Australian Securities Exchange. The company confirmed to Inside Asian Gaming that its last day of listing on the Nasdaq was...

Okada Manila celebrates fifth consecutive Forbes 5-Star rating

Japan’s Universal Entertainment Corp hoping hotel room upgrades, return of marketing chief Shirley Tam can reverse Okada Manila fortunes

by Ben Blaschke
Fri 14 Nov 2025 at 05:34

Universal Entertainment Corp (UEC), the parent company of Okada Manila, has pointed to the recent return of marketing executive Shirley Tam and renovation works of some hotel rooms at the Philippines integrated resort as key initiatives in efforts to reverse...

Genting Malaysia misses 4Q24 estimates, slashes dividends as rising costs hurt profitability

Genting Bhd’s takeover offer for Genting Malaysia becomes mandatory as shareholding moves above 57%

by Ben Blaschke
Fri 14 Nov 2025 at 05:31

Genting Bhd’s unconditional voluntary take-over offer to acquire all shares in subsidiary Genting Malaysia that it doesn’t already own has become an unconditional mandatory take-over offer after it crossed the threshold for shares acquired on the open market. The company...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English