The Victorian Gambling and Casino Control Commission (VGCCC) has slapped Crown Melbourne with another AU$20 million (US$13.6 million) worth of fines, this time for failing to pay the proper amounts of casino tax over an extended period of time.
The fine takes the total amount Crown has been fined by the Victorian regulator in the wake of the Finkelstein Royal Commission to AU$250 million (US$172 million) – on top of the AU$450 million (US$293 million) fine it recently accepted from financial crimes watchdog AUSTRAC. The disciplinary action comes after Crown was deemed unsuitable to hold its Melbourne casino license for compliance failings, although it has been given a two-year window under an independent manager to return to suitability.