{"id":100,"date":"2024-06-14T08:11:52","date_gmt":"2024-06-14T05:11:52","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/14\/crown-resorts-hit-with-1-million-fine-for-ignoring-junket-warnings\/"},"modified":"2024-06-17T13:16:19","modified_gmt":"2024-06-17T10:16:19","slug":"crown-resorts-hit-with-1-million-fine-for-ignoring-junket-warnings","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/14\/crown-resorts-hit-with-1-million-fine-for-ignoring-junket-warnings\/","title":{"rendered":"Crown Resorts Hit With $1 Million Fine for Ignoring Junket Warnings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/RL519MfOhdA\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>Crown Resorts\u2019 Melbourne establishment has received a substantial $1 million penalty for disregarding its own regulations concerning high-roller tours. The gambling venue persisted in its dealings with a junket organizer deemed \u201cinappropriate\u201d by the Victorian Gambling and Casino Control Commission (VGCCC).<\/p>\n<p>Despite multiple cautions, Crown Melbourne neglected to sever connections with \u201cIndividual A\u201d and his colleague \u201cIndividual B.\u201d Individual A, possessing a background of gambling-related legal issues in the United States, was identified as problematic by the Commission in 2014. Unfazed, Crown opted to collaborate with Individual B, Individual A\u2019s personal aide, who opportunely initiated her own junket venture. <\/p>\n<p>This partnership intensified, and by 2016, Crown had extended a significant $20 million credit facility to Individual B. Adding insult to injury, this line of credit was secured by \u201cIndividual C,\u201d a business partner of Individual A who was also embroiled in legal difficulties within the United States at the time. <\/p>\n<p>The VGCCC criticized Crown\u2019s overt disregard for its advisories and its inadequate scrutiny of Individual B.  Furthermore, Crown concealed its entire association with Individual B, failing to apprise the regulatory body. This absence of openness ultimately resulted in the imposition of the most severe penalty. <\/p>\n<p>The substantial financial penalty levied against Crown Resorts highlights the seriousness of their conduct, especially their inability to swiftly sever connections with the prohibited high-roller tour organizer as directed by the regulatory body,\u201d declared Ross Kennedy, head of the Victorian Gambling and Casino Control Commission (VGCCC). He stressed, \u201cThe VGCCC anticipates complete adherence from its licensed entities and will persist in taking resolute measures against those who disregard or breach regulatory mandates.\u201d This sanction comes after a prior AU$1 million fine imposed on Crown Melbourne in April for comparable wrongdoing, leading the Victorian Government to enact the Casino and Gambling Legislation Amendment Act 2021. This updated legislation considerably raised the highest possible penalty and prohibited collaborations with high-roller tour organizers. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crown Resorts\u2019 Melbourne establishment has received a substantial $1 million penalty for disregarding its own regulations concerning high-roller tours. The gambling venue persisted in its dealings with a junket organizer deemed \u201cinappropriate\u201d by the Victorian Gambling and Casino Control Commission (VGCCC). Despite multiple cautions, Crown Melbourne neglected to sever connections with \u201cIndividual A\u201d and his [&hellip;]<\/p>\n","protected":false},"author":69,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crown Casino Fined $1 Million: High-Roller Scandal Rocks Melbourne<\/title>\n<meta name=\"description\" content=\"Crown Resorts Melbourne slapped with a hefty fine for ignoring its own rules. 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