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BRIEF-Victorian Commission For Gambling And Liquor Regulation Fined Crown For Junket Conduct

Published 27/04/2021, 05:17 pm
© Reuters.

April 27 (Reuters) - Victorian Commission For Gambling And Liquor Regulation:

* CROWN ISSUED $1 MILLION FINE FOR JUNKET CONDUCT

* COMMISSION ASSESSED CROWN'S ENGAGEMENT WITH CERTAIN INDIVIDUALS WHO ARE JUNKET OPERATORS, JUNKET AGENTS OR JUNKET PLAYERS AT MELBOURNE CASINO

* COMMISSION CONCLUDED FROM ANALYSED INDIVIDUALS, PROCESSES IMPLEMENTED BY CROWN WERE NOT ROBUST, AS REQUIRED BY INTERNAL CONTROL STATEMENTS

* DISCIPLINARY ACTION INCLUDES A LETTER OF CENSURE TO CROWN WHICH PROHIBITS IT FROM RECOMMENCING JUNKET OPERATIONS AT MELBOURNE CASINO

* LETTER OF CENSURE REQUIRES CROWN TO REPORT REGULARLY TO COMMISSION ON PROGRESS OF A REFORM AGENDA IT OUTLINED TO COMMISSION

* PROHIBITION ON JUNKET OPERATIONS TO REMAIN UNTIL CROWN HAS SATISFIED COMMISSION THAT ITS PROCESSES AND PROCEDURES HAVE BEEN IMPROVED

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