Crown Resorts announced a US$125 million loss for the fiscal year that concluded on June 30, 2023. The financially troubled casino operator mentioned fines assessed due to regulatory violations at its three Australian casinos.
Each inquiry found that Crown had not taken adequate precautions to prevent its casinos from being used as a means of money laundering. The investigations also revealed that Crown made no effort to discourage responsible gaming or to prevent illegal criminal organizations from using its properties.
Each inquiry found that Crown had not taken adequate precautions to prevent its casinos from being used as a means of money laundering. The investigations also revealed that Crown made no effort to discourage responsible gaming or to prevent illegal criminal organizations from using its properties.
