Money

Crown Resorts to keep Melbourne casino license

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After being entangled within a corruption scandal, Crown Resorts is set to retain its Melbourne casino license

The Victorian Royal Commission found the resort’s conduct to be “disgraceful” but the final report recommends that Crown Melbourne to receive a two-year grace period.

This is so the company can be under the control of a “special manager” that can rectify an “alarming catalogue of the wrongdoing”, addressing the money laundering that Crown was allegedly involved in.

After this period, the special manager will determine whether they are satisfied with the company and whether they should retain its Victorian casino license.

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