Crown Resorts said its flagship Melbourne property will be closed for another seven days until June 10 and that it’s standing down most of its staff as a result.
Employees will receive a one-off discretionary payment.
Authorities in Victoria have extended the lockdown in Melbourne for a further seven days after six new cases were reported taking the total in the latest outbreak to 60.
Australia’s financial crime regulator AUSTRAC has launched formal investigations into a number of high-profile ASX-listed companies in Australia, three of which are casinos.
The new highly contagious Indian covid-19 variant has been making its way to what has been seen as more insulated regions from the pandemic, making its way to Macau and Australia in recent days.
Crown Melbourne will close its gaming facilities and food and beverage outlets for seven days as of Thursday evening in compliance with the government's mandated lockdown in the city.
Following a statement issued by the Victorian government, operating conditions at Crown Melbourne were eased with effect from this past weekend.
Crown Resorts has reported that its Crown Melbourne facility has been green-lighted to resume operations under certain restrictions after the state of Victoria eased its latest Covid-19 lockdown.
Crown Resorts has announced that, under revised Covid-19 policies issued by the Victoria state government, Crown Melbourne facilities may allow up to 50 percent patron capacity at its facilities.
Crown Melbourne has received approval to commence the operation of a limited number of electronic gaming machines and electronic table games in accordance with restrictions agreed with the Victorian Government.
While it may be the executives of Crown Resorts that are squirming in their chairs under questioning these past weeks at the Sydney probity hearings, the revelations are also casting a harsh light upon the failures of the regulators in a neighboring state, the VCGLR.
What began with some bad news headlines, then developed into a special probity hearing in New South Wales, and has now become a full-scale governance crisis for Crown Resorts, with the newly announced Australian Transaction Reports and Analysis Centre (AUSTRAC) investigation posing a particular threat.
Crown Resorts Limited confirmed that it has received a Show Cause Notice from the Victorian Commission for Gambling and Liquor Regulation (VCGLR) relating to Crown Melbourne’s compliance with its Internal Control Statement for junket operations.