Crown Resorts is making "significant" progress in addressing concerns raised by the Bergin inquiry and has agreed a series of steps with the regulator.
Crown Resorts said New South Wales regulators have granted the company a further extension of its liquor license at its Sydney property until the end of October.
Crown Resorts opened the doors to its $2.2 billion ($1.66 billion) Crown Sydney property on Monday, but without the fanfare that accompanies the openings of such mega projects after a bruising year of suitability hearings and amidst a new cluster of Covid-19 cases in the city.
Crown Resorts said the New South Wales Independent Liquor and Gaming Authority has granted a temporary liquor license to its Crown Sydney property until April 30, 2021 and therefore several non-gaming amenities will open from 28th December.
Crown Resorts' lawyers told a regulatory inquiry in Sydney that the best way for the company to prove its fit to hold a license is to open its Barangaroo property under strict supervision as a working test. The New South Wales Independent Liquor and Gaming Authority effectively barred Crown from opening the casino in December as planned, until the results of the probe are presented in February.
Crown Resorts says the gaming operations of its new Sydney resort won't open in December as planned as the New South Wales Independent Liquor and Gaming Authority has deferred its review of required applications until February next year.
The New South Wales regulator will hold a meeting next week to discuss whether Crown Resorts can open its new Sydney casino in December as planned, raising concern as the company will not have concluded its defence.
Crown Resorts management faces a nail biting few months as regulators mull the fate of its Barangaroo license in Sydney after lawyers winding up an inquiry into the company found it “unsuitable.”
New South Wales Premier Gladys Berejiklian is seeking advice on whether to delay the opening of the Crown Sydney after closing submissions in a long-running inquiry suggested the company was unsuitable.
Chris Sidoti, who chaired the New South Wales Independent Liquor and Gaming Authority from 2008 to 2016, has declared that Crown Resorts is acting in “bad faith” by planning to open Crown Sydney in December amidst the revelations of its failure to prevent money laundering and other governance issues.
12Page 1 of 2