Crown Keeps Melbourne Casino License

Crown Casino has been found unfit to hold a casino license due to illegal and unethical practices, including money laundering. Despite this, they are allowed to continue operating under supervision for two years. A manager will oversee operations with full access and veto power over board decisions. The Victorian premier was prepared to revoke the license, but the board recommended supervision instead. Crown's future is uncertain, with its Sydney casino license denied and its Perth casino under investigation. Competitors like Star Entertainment and Blackstone Group are showing interest in Crown, which remains a significant player in Melbourne and Perth.

What is the current status of Crown Casino's license?

• It has been revoked permanently.

• It is operating under supervision for two years.

• It has been renewed without conditions.

• It is operating without any restrictions.

What power does the appointed manager have over Crown Casino?

• They can only access financial records.

• They can veto board decisions and access all areas.

• They can make financial decisions independently.

• They can only observe operations.

What was the Victorian premier's stance on Crown's license?

• He was ready to cancel the license if recommended.

• He wanted to increase Crown's operational scope.

• He supported Crown unconditionally.

• He was indifferent to the report's findings.

What was one of the major findings against Crown Casino?

• They were awarded for financial transparency.

• They were praised for ethical conduct.

• They were found to be engaging in money laundering.

• They were recognized for community service.

Which companies are interested in Crown Casino?

• Star Entertainment and Blackstone Group

• Macau Gaming and Galaxy Entertainment

• Las Vegas Sands and MGM Resorts

• Caesars Entertainment and Wynn Resorts