{"id":100,"date":"2024-06-14T08:07:09","date_gmt":"2024-06-14T05:07:09","guid":{"rendered":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/"},"modified":"2024-06-17T13:15:44","modified_gmt":"2024-06-17T10:15:44","slug":"crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe","status":"publish","type":"post","link":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/","title":{"rendered":"Crown Resorts Sydney Casino Launch Delayed Amid Money Laundering Probe"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ja6PwBICWIo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The New South Wales, Australia gaming regulator, known as the Independent Liquor &#038; Gaming Authority (ILGA), has recommended that Crown Resorts postpone the launch of its new Sydney casino.  The Barangaroo casino, with a price tag of $2.2 billion, was slated to open its doors on December 14th, but the regulatory body has directed Crown to push back this date. <\/p>\n<p>This situation arises amidst a protracted investigation into Crown Resorts concerning accusations of money laundering activities at its casinos, potentially linked to organized crime. The corporation is also grappling with the repercussions of a 2016 decision by Chinese authorities that found Crown staff members culpable of illicitly promoting gambling.<\/p>\n<p>Trading of Crown Resorts&#8217; shares was temporarily suspended on Wednesday following the ILGA&#8217;s declaration that it would not issue the casino a license until the inquiry&#8217;s conclusions are made public. Retired Justice Patricia Bergin, presiding over the inquiry, is anticipated to present her report in February 2021.<\/p>\n<p>ILGA head Philip Crawford emphasized that the evidence surfacing from the investigation is deeply troubling, and permitting the casino to commence operations before the inquiry&#8217;s completion would pose an unjustifiable hazard to the public good. <\/p>\n<p>Early this week, Crown Resort made a significant stride in securing a permit for their Sydney casino.  They severed relationships with all junket promoters, an action intended to satisfy the New South Wales Independent Liquor &#038; Gaming Authority. This choice followed a legal argument where Crown&#8217;s attorney, James Young QC, contended that previous errors shouldn&#8217;t preclude them from managing the new gaming establishment. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New South Wales, Australia gaming regulator, known as the Independent Liquor &#038; Gaming Authority&#8230;<\/p>\n","protected":false},"author":78,"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 Sydney Casino Launch Delayed Amidst Money Laundering Probe<\/title>\n<meta name=\"description\" content=\"The highly anticipated Barangaroo casino, a $2.2 billion project by Crown Resorts, faces delays as the ILGA recommends postponing its December 14th opening amidst a money laundering investigation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crown Resorts Sydney Casino Launch Delayed Amid Money Laundering Probe\" \/>\n<meta property=\"og:description\" content=\"The highly anticipated Barangaroo casino, a $2.2 billion project by Crown Resorts, faces delays as the ILGA recommends postponing its December 14th opening amidst a money laundering investigation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Power of Licensed Online Casino Gaming\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T05:07:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:15:44+00:00\" \/>\n<meta name=\"author\" content=\"Landon &quot;Lancer&quot; Dunn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Landon &quot;Lancer&quot; Dunn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/\",\"name\":\"Crown Sydney Casino Launch Delayed Amidst Money Laundering Probe\",\"isPartOf\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-14T05:07:09+00:00\",\"dateModified\":\"2024-06-17T10:15:44+00:00\",\"author\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/1f4b6ab07897df2bfd37ab2b048b2658\"},\"description\":\"The highly anticipated Barangaroo casino, a $2.2 billion project by Crown Resorts, faces delays as the ILGA recommends postponing its December 14th opening amidst a money laundering investigation.\",\"breadcrumb\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/14\/crown-resorts-sydney-casino-launch-delayed-amid-money-laundering-probe\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/yabbynodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crown Resorts Sydney Casino Launch Delayed Amid Money Laundering Probe\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#website\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/\",\"name\":\"Discover the Power of Licensed Online Casino Gaming\",\"description\":\"Immerse yourself in the excitement of licensed online gambling with our regularly updated news, in-depth game reviews, and informative insights. 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