• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 2 October 2023
    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
      • Vietnam
    • Events
    • Consulting
    • 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
      • Vietnam
    • Events
    • Consulting
    • Contributors
    • SUBSCRIBE FREE
    No Result
    View All Result
    IAG
    No Result
    View All Result

    Crown Melbourne hit with AU$120 million fine for responsible gambling failures

    Ben Blaschke by Ben Blaschke
    Mon 7 Nov 2022 at 10:20
    Ciarán Carruthers: Crowning glory
    28
    SHARES
    709
    VIEWS
    Print Friendly, PDF & Email

    Crown Melbourne has been whacked with a record AU$120 million (US$77 million) fine by the Victorian Gambling and Casino Control Commission (VGCCC) for failures within its Responsible Service of Gambling obligations uncovered during last year’s Royal Commission.

    The fine is the second major financial hit Crown Melbourne has suffered since being found unsuitable to hold its casino license, with the VGCCC having already issued a fine of AU$80 million (US$51 million) in May for Crown’s illegal use of China Union Pay cards for gambling transactions.

    This latest punishment covers two serious breaches, the VGCCC said, with Crown found to have “breached its code of conduct for the Responsible Service of Gambling over many years by consistently failing to intervene to prevent gambling harm, allowing customers to often gamble for long periods without a break, sometimes for more than 24 hours.”

    Crown also failed to comply with a statutory direction by the regulator to take all reasonable steps to prevent patrons from using plastic picks and other devices to simulate automatic play when gambling on certain electronic gaming machines.

    “At the Royal Commission, Crown accepted the Responsible Service of Gambling as both a legal obligation and a condition of its social licence to operate,” said VGCCC Chairperson Fran Thorn.

    “For a long time, Crown failed in its legal and moral obligation to ensure it provided its gambling products and services in a manner which minimised potential harm to its patrons, their families, friends and communities.

    “The record fines totalling $120 million that we have imposed on Crown today will send a powerful message to Crown that the Commission will not tolerate misconduct that exposes our community to increased risks of gambling related harm.

    “These were not isolated breaches. They were part of a pattern of extensive, sustained and systemic failures by Crown that spanned roughly 12 years.

    “We urge all gambling licence holders to read this decision. This disciplinary action also sounds a warning to all in the Victorian gambling industry that we expect them to do everything they can to minimise the harmful impacts of gambling. The Commission will be resolute in pursuing our new requirement to regulate for harm minimisation, and the industry can expect further action from the Commission on this matter.”

    Crown Melbourne is currently operating under the supervision of a Special Manager who will submit a final report to the VGCCC in early 2024 to assist the regulator in determining whether Crown has returned to suitability to hold the Melbourne casino licence.

    RelatedPosts

    Aussie bookmaker facing record AU$72 million payout on Penrith Panthers NRL grand final win

    Aussie bookmaker facing record AU$72 million payout on Penrith Panthers NRL grand final win

    Mon 2 Oct 2023 at 05:23
    Battle for the Gold Coast

    Star Entertainment Group to inject AU$1.2 billion via equity raising and new debt

    Tue 26 Sep 2023 at 06:02
    Crown Resorts targeting fresh start with launch of new branding campaign

    Crown Resorts targeting fresh start with launch of new branding campaign

    Mon 25 Sep 2023 at 10:09
    Victorian regulator charges Tabcorp and eight venues for allegedly allowing a minor to gamble

    Victorian regulator charges Tabcorp and eight venues for allegedly allowing a minor to gamble

    Mon 18 Sep 2023 at 18:06
    Load More
    Tags: AustraliaCrown MelbourneCrown ResortsFineFran ThornResponsible GamblingVictorian Gambling and Casino Control Commission
    Share11Share2
    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 – Remote control

    Editorial – Remote control

    by Ben Blaschke
    Fri 29 Sep 2023 at 05:38

    In the often-murky world of Asia’s online gaming scene, where regulated markets are few and far between, the Philippines is...

    More fun in the Philippines

    More fun in the Philippines

    by Ben Blaschke
    Fri 29 Sep 2023 at 05:25

    Industry suppliers are relocating their offices to the Philippines and expanding their local workforce to take advantage of the fastest...

    Together again

    Together again

    by Ben Blaschke
    Fri 29 Sep 2023 at 04:00

    IAG hosted its inaugural “Super September” series, comprising Manila After Dark, the IAG Academy Summit and IAG Academy IR Awards,...

    Lessons learned

    by Jeremy Walker
    Fri 29 Sep 2023 at 03:19

    Thailand is searching for an economic cure, and comprehensive entertainment facilities could be part of the solution – but only...

    Softswiss
    Evolution Asia
    Aristocrat
    Solaire
    Evoplay
    Hann
    Hann
    Okada Manila
    BETER
    Okada Manila

    Related Posts

    Macau welcomes more than 5,600 visitors from Hong Kong on first day of border reopening

    Macau visitor arrivals top 150,000 for second day running

    by Ben Blaschke
    Mon 2 Oct 2023 at 17:25

    The number of visitor arrivals coming into Macau topped 150,000 for the second consecutive day on Sunday in an encouraging start to Golden Week festivities. According to information from the Public Security Police Force, there were 150,039 arrivals on Sunday,...

    Enrique K Razon JR

    Bloomberry share issuance to dilute Enrique Razon Jr’s majority holding by over 3%

    by Newsdesk
    Mon 2 Oct 2023 at 14:16

    The controlling shareholding of Bloomberry Resorts Corp Chairman and CEO Enrique Razon Jr will fall by 3.2% as a result of issuing new shares to another major shareholder. As reported by Inside Asian Gaming, the two-part transaction will see Quasar...

    Survival of the Fittest?

    JP Morgan: Macau industry EBITDA hit 80% of pre-COVID levels in Q3

    by Ben Blaschke
    Mon 2 Oct 2023 at 12:45

    Macau’s industry-wide EBITDA grew by 10% quarter-on-quarter to reach 80% of 2019 levels, aided by the strength of the mass gaming segment, according to investment bank JP Morgan. In a Monday note following release of Macau’s September GGR figures –...

    Aussie bookmaker facing record AU$72 million payout on Penrith Panthers NRL grand final win

    Aussie bookmaker facing record AU$72 million payout on Penrith Panthers NRL grand final win

    by Newsdesk
    Mon 2 Oct 2023 at 05:23

    Online bookmaker Betr is facing the largest promotional payout in Australian history after competition favorites the Penrith Panthers won the NRL grand final on Sunday night. The massive AU$72 million (US$46 million) payout comes after a launch offer by Betr...



    IAG

    © 2005-2023
    Inside Asian Gaming.
    All rights reserved.

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

    No Result
    View All Result
    • Subscribe
    • Newsfeed
    • Mag Articles
    • Video
    • Opinion
    • Tags
    • Regional
    • Events
    • Contributors
    • Consulting
    • Magazines
    • Advertise
    • Contact
    • About

    © 2005-2023
    Inside Asian Gaming.
    All rights reserved.

    • English