Bergin Report finds Crown Resorts unsuitable to hold a NSW casino license
A report into Crown Resorts’ suitability to hold a casino license in the state of NSW for its AU$2.2 billion (US$1.6 billion) Crown Sydney development has found the Australian gaming giant and its local licensee unsuitable.
However, there may be scope for Crown to become suitable by rendering meaningful change.
The long-awaited Bergin Report, comprising 751 pages, was made public Tuesday following completion of an inquiry into allegations of money laundering in Crown’s casinos, and that it had breached its NSW casino license by agreeing to sell a 19.99% stake in the company to Macau casino operator Melco Resorts & Entertainment. The inquiry focused heavily on alleged ties by Crown’s junket partners to Asian crime syndicates as well as the 2016 arrests of Crown Resorts staff for…