The Victorian Commission for Gambling and Liquor Regulation (VCGLR) officially confirmed on Monday that following on from investigations, they will now instigate proceedings against Crown for one of the main allegations of misconduct. Namely, the fact that Crown removed the low-betting options button on their poker machines. Disciplinary measures following on from the investigation could, at worst case, include the cancellation or suspension of Crown’s casino license. If Crown get off lightly, they could expect a fine or letter of censure.
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The Grand opening of the Crown Towers Perth on 15 December was a turning point for Melco Crown Entertainment (Ltd) after the past year. Acknowledged as the most expensive Australian hotel, it boasts panoramic views of Perth as well as fabulous interiors. Though it was a quiet affair, with only Australian industry leaders in attendance, the hotel looks to be a good investment for the ailing company. Owner James Packer did not attend, but the Premier of Western Australia and Tourism Minister Colin Barnett officially opened the extravagant hotel. It joins the ranks of the Crown Promenade and Crown Metropole, already attached to the resort located on the Swan River.
To solve this issue, she states that it is important to target the players who gamble at higher levels. 8% of adults in the ACT spend $1000 per year gambling while 1% spend more than $5000. These are the players that are in need of support, as club and casino members staff could intervene to offer them exclusion or information about safe gambling.
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It was a devastating loss for Sydney who have been the most dominant and consistent team all year. It was only their second loss at home all season and the last game for coach Graham Arnold before he coaches the Socceroos after the World Cup.
The group claims that poker machines are the most harmful form of gambling in Australian and New Zealand; however, research shows that this is not the case. Still, the Methodist mission continues to fight for the removal of all poker machines from Christchurch.
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Despite the overall slump in the company’s fortunes in the second half of 2015, Crown Resorts Limited managed to register a 9.8 present increase in revenue. The Crown Casino revealed the rise in revenue came at the right time as their net profits have dropped by close to 22 present compared to the previous year. The drop in the profits was a result of the company’s slow performance in Macau.
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