Crown Resorts CEO Under Investigation That Could Affect License Status

Posted on: December 13, 2023, 05:07h. 

Last updated on: December 13, 2023, 05:07h.

The Crown Resorts CEO, Ciarán Carruthers, is currently the focus of an internal investigation following allegations of him intervening in security procedures at the Crown Melbourne casino. The investigation comes at a critical time for the casino.

The exterior of the Crown Melbourne casino in Australia
The exterior of the Crown Melbourne casino in Australia. The casino operator’s CEO may have used his positional power to sidestep policy. (Image: Crown Resorts)

According to the Australian Financial Review, the investigation was prompted by whistleblower allegations against Carruthers overruling security policies. While there’s no concrete evidence, the report is untimely as Crown is on probation following prior regulatory violations.

What’s Going On

Carruthers’ actions are under review by an external law firm engaged by Crown. The investigation stems from two recent incidents, further complicating the casino’s efforts to regain regulatory compliance.

In one incident, Carruthers allegedly intervened to readmit a patron previously banned for a year for bringing a minor to the casino. Another incident involves Carruthers allowing a visibly intoxicated patron to remain on the premises despite being removed by security.

The Victorian Gambling and Casino Control Commission (VGCCC) may launch its own investigation into Carruthers. The ongoing reviews, and personal allegations may influence Crown’s future with intense regulator scrutiny.

What Happens Next

The outcome of Crown’s regulatory reviews will significantly affect its market status. The company currently faces multiple reviews into its Australian casino operations, with potential penalties and even the loss of casino licenses at stake.

Stephen O’Bryan, the special manager appointed to oversee Crown Melbourne, will be key in determining the company’s future. With this escalated regulatory attention, Crown is under pressure to restore its compliance and public image within the betting market.

The incident involving Crown has led to uncertainty for the future of its casino licenses. Operators are faced with mounting challenges, including hostile regulatory environments, making it a significant player in sports betting markets.

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