Crown Resorts has banned 250 high rollers from entering its own gambling establishments
Crown Resorts has banned 250 high rollers from entering its own gambling establishments

Crown Resorts has banned 250 high rollers from entering its own gambling establishments

 

Australian gambling giant Crown Resorts has banned 250 high rollers, who regularly played at the operator's casinos, from entering their own establishments. According to the Brisbane Times, customers were unable to confirm the sources of their finances, which they spent at the tables and slot machines. It is also reported that the Crown administration has had concerns about the integrity of several individuals.

 

The said decision comes as the brand seeks to salvage uk casinos not on gamestop its gaming licences in Melbourne, Sydney and Perth, wanting to whitewash the company's reputation after recent money laundering and cooperation with criminals issues.

 

The audit looked at 1,800 people who had VIP statuses at the operator's casinos. As a result, 250 of them were banned from Crown facilities. According to Allan McGregor, the company's chief financial officer, the current monitoring was far more significant and comprehensive than ever before.

 

Following a string of high-profile scandals and allegations of financial fraud, Australian authorities have decided to review the future fate of the operator's two important gaming licences in Victoria and Western Australia.

 

Crown's new chief executive Stephen McCann said the company was "preparing for a range of possible decisions" from review commissions, including suspension or revocation of permits.

 

"We will consider all options to maximise shareholder value in the context of how the regulatory environment evolves. This will include exploring any future takeover proposals. Crown has three of the best integrated resorts in the world. I am sure there will be people who will look at these opportunities with interest," the functionary said.

 

It should be noted that in May Crown rejected a takeover bid from Blackstone, which was valued at $8.4 billion. Two months later, its Sydney rival The Star withdrew an offer to acquire the brand for $12bn, citing uncertainty about the future of its licences.




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