The Crown is opening a casino in Australia

The Crown is opening a casino in Australia

After considerable difficulties and a major corporate makeover on August 8, Crown Resorts is finally opening its VIP casino at its Australian integrated casino resort, the Crown Sydney, which was opened and commenced operations in December 2020. The company faced delays in opening the casino because of investigations in multiple states in Australia.

The casino is the first of its kind in Australia

The Crystal Room will be open on August 8, while the Mahogany Room will be open on a later, not yet announced, date. The main characteristics of the casino are luxury and elegance. The venue features a unique room design that uses natural light to highlight the waterfront views from the casino. There are more than 160 table games and 70 electronic games in the casino’s other rooms. Privacy and exclusivity are offered by the 12 salons spread out on the two levels.

The CEO of the Crown Sydney has praised the high quality and standard of the casino, not only in terms of furnishings, but also in terms of customer experience and the overall design.

There was a reason for the delayed opening of the casino

18 months ago, Crown opened its non-gaming operations at its skyscraper in Barangaroo. Crown Resorts was deemed unsuitable to hold a casino license in New South Wales and the exclusive VIP casino could not welcome customers.

The New South Wales Independent Liquor & Gambling Authority (ILGA) found serious issues with the company’s money-laundering controls and ties to Asia just before the opening of the AUD 2.2 billion ($1.6 billion) resort. The Bergin inquiry ended with a major report from a former Supreme Court judge who fooled it. Concerns were raised about Macau-based Melco Resorts & Entertainment’s stake in Crown Resorts.

There are a lot of problems with the controls in relation to money laundering that Crown Resorts has in place. The company was no longer able to hold a casino license in New South Wales. ILGA made suggestions to Crown Resorts on how they could get their license back. After a lot of work and a major corporate makeover, Crown Resorts has finally received a license and is allowed to open a high roller casino. A permanent license will be granted after a period of 18 to 24 months during which the company will be subject to scrutiny.

Summary:

Crown Resorts, the world’s second- largest casino operator by revenue, has opened a high roller casino at its Australian resort. The Crystal Room will open on August 8th, however, the Mahogany Room will not open until September. At a later date, the Mahogany Room will start accepting high rollers.