Crown Resorts Fines Will Serve as a Warning to the Victorian Gambling Industry

Crown Resorts Fines Will Serve as a Warning to the Victorian Gambling Industry

Last updated on November 12th, 2022 at 06:27 pm

The Victorian Gambling and Casino Control Commission meted out $77.75 million in fines to Crown Resorts. The commission wants the penalties to serve as a warning to the Victorian gambling industry. In addition, the commission is considering more disciplinary actions toward Crown.

The fines and other disciplinary actions against Crown resulted from the Royal Commission inquiry on whether the operator is qualified to hold a casino license. Also, the latest penalties came after the fine worth $51.8 million was imposed on Crown in May. According to sportsbook pay per head reports, it was due to the casino’s China Union Pay process.

According to the VGCCC, the newest disciplinary action sounds like a warning to everybody in the Victorian gaming sector. In addition, the commission wants to send a clear message to Crown that the commission won’t accept wrongdoing that exposes our community to heightened risks of gambling-related damage.

Warning to the Victorian Gambling Industry

Crown Resorts Fines Will Serve as a Warning to the Victorian Gambling IndustryAccording to gambling industry news reports, the organization deems Crown’s actions a pattern of widespread, prolonged and systematic failings by Crown that extended nearly 12 years.

While noting that it had concluded that Crown Melbourne failed to comply with its responsibilities about 4,782,960 times throughout the 12 years, the VGCCC states that this finding by the Royal Commission is probably the most damaging.

In certain instances, enabling customers to gamble continuously for 12 hours or more without being watched—and in some circumstances, constantly for more than 24 hours—did not prevent customer harm.

Despite imposing the punishment, the commission did state that given the unique circumstances of this instance, there is little or no benefit in issuing a letter of reprimand or considering a modification of Crown Melbourne’s casino license.

Do you want to know how bookies make money? We recommend reading bookie tutorials to find out.

You may also like...

Popular Posts