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Oct 12, 2020 At the NSW casino inquiry, board member Andrew Demetriou defended Crown and its risk committee – but ultimately admitted its problems were 'a failure of culture'. Updated Oct 12, 2020 – 5.12pm.

Victoria's gambling regulator and the State Government are under increasing pressure over its handling of Crown Casino after the gaming giant admitted money laundering was likely to have occurred at its Melbourne and Perth casinos.

The admission to a NSW inquiry has prompted that state's regulator to delay the opening of Crown's new multi-billion-dollar casino in Sydney.

The NSW inquiry is assessing Crown Resorts' suitability to hold a casino licence.

The revelations in Sydney about Crown's Melbourne operations have raised fresh questions over the effectiveness of the Victoria Commission for Gaming and Liquor Regulation (VCGLR) which has been approached with multiple complaints about Crown in recent years.

and The Age have exposed allegations of money laundering, links to criminal groups and overseas junket operators.

The VCGLR has issued a show cause notice to Crown over its junket operations — in which cashed-up overseas gamblers are lured to Crown. The nation's anti-money laundering body AUSTRAC is also investigating issues at the casino.

As previously reported by the ABC, there are concerns from within the VCGLR that issues at Crown are not being taken seriously by the watchdog.

Gambling reform advocate says political donations helped Crown avoid scrutiny

Tim Costello, the chief advocate for the Alliance for Gambling Reform, said Crown's 'bombshell' admission that money laundering was likely occurring in Melbourne and Perth was 'simply extraordinary' and should be of concern to all Australians.

'It says it [Crown] has been a criminal enterprise,' he said.

'There has been wholesale money laundering going on and Crown admitted it [on Wednesday] after effectively hiding it for most of the inquiry.

'This is quite an astonishing finding that every Australian should be shaking in their boots that this has gone on for so long.'

Mr Costello said the revelations should put the spotlight back on the VCGLR and the national corporate regulator ASIC.

He has also criticised Crown's influence over Victorian politicians on both sides of the aisle.

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He said the gaming giant's ties to Spring Street accounted for why allegations of criminal activity in Melbourne's casinos had gone without consequence for so long.

'Crown has captured politics [and] the politicians are silent because it gives great donations to both sides of politics,' Mr Costello said.

'That is why it has taken a New South Wales inquiry to really expose massive laundering and criminal activity here in Melbourne.'

In 2017-18, Crown donated $35,000 to Victorian Labor and $30,000 to Victorian Liberals.

Mr Costello said he expected far-reaching organisational change at Crown with an 'embarrassed' board facing fallout from the inquiry.

'They've got to turn over most of their board. They have been utterly exposed and they have effectively just been puppets of James Packer,' he said.

'James Packer is almost certainly going to have to sell out and hand over to someone who can pass the probity test in holding a licence.'

Crown won't have licence suspended in Melbourne

Premier Daniel Andrews said the casino would not have its licence suspended in the wake of the money laundering admission but said the regulator would make further inquiries.

He also said the Government would closely examine the final report from NSW, due early next year.

'There is a sacred trust when it comes to these licences, and they need to be complied with,' Mr Andrews said.

The Opposition and the Greens have been critical of the VCGLR for not acting quick enough on Crown Casino.

Liberal leader Michael O'Brien said the commission was 'asleep at the wheel', while Greens MP Ellen Sandell said the Government must terminate Crown's licence.

Mr Andrews, who is former Gaming Minister, defended the work of the regulator.

'It is simply wrong in my judgement to say that they are waiting for others to do their job for them, nothing can be further from the truth.'

The Crown Casino and Entertainment Complex, located across 510,000 square metres (the equivalent of two city blocks) in the heart of Melbourne, Victoria, is the biggest casino in the Southern Hemisphere and one of the largest in the world. Built at a cost of $2 billion and opened to the public on May 8, 1997, the complex rakes in approximately $1.5 million in profit each day – that equates to $62,500 per hour, roughly $1,042 a minute, and $17.35 every second.

The complex itself is Australia’s leading tourist attraction, and sits within the top 20 for the most popular attractions around the world. It contributes approximately three billion dollars in total casino taxes. Crown owns over 1600 rooms and villas across three different hotels; the Crown Metropol being the largest in terms of number of rooms with 658.

Suffice to say, Crown is quite a profitable company and has done wonders for Australian tourism, entertainment and culture, with more than 19 million people a year visiting the complex which currently holds a license extending until the end of 2033.

The Gaming Floor

Crown Casino has over 500 table games and 2,500+ pokie machines (including slots and video poker). Slot machine betting limits start as low as one cent, with some VIP machines allowing bets of up to $5-$10 per spin. The major casino table games on offer include roulette, blackjack, craps, poker, pai gow, baccarat, casino war and sic bo, with other smaller gaming activities including the electronic version of roulette (Rapid Roulette), the big-wheel, tia to, and the electronic Vegas Star Roulette and Rapid Baccarat.

If you are a regular visitor of Crown Casino and want maximum bang for your buck, consider signing up for Crown Rewards, a loyalty points system which lets members trade points for experiences and other redeemable goodies. By signing up for a Crown Signature Club Card and using it while playing pokies or table games at the casino, or at Crown Melbourne bars, restaurants, spas and hotels, you can rack up points easily to use later for prizes – or even to pay for future visits to the casino or eateries.

If you are also a CrownBet.com.au member, CrownBet Rewards is of extra benefit to you. Just link your Crown Signature Club Card to your CrownBet punting account and all betting activity on the site grants you points. For racing stakes, every $2 gets you one Crown Reward/CrownBet Reward point, or $1 if it is on the fixed markets or exotics. For sports stakes, every $5 wagered gets you one point. If you’re a multi kind of guy, you get one point for every $1 you wager. All points are credited within minutes, and every 100 CrownBet Rewards points is worth $1.

Remember: CrownBet loyalty rewards points can expire after six months if your account is inactive or you haven’t played at Crown Melbourne for a while, so make sure to maintain your account if you want to have a big payout with your points someday!

Roulette at Melbourne’s Crown Casino

Both single-zero (European) roulette and double-zero (American) roulette are offered at the casino – lower stake tables use the American design (ranging from a $1 betting minimum to a $5), while higher stake table use the European design ($5 and up). Crown Casino added double zero to its low-bet roulette tables back in 2008. We recommend playing traditional European roulette in order to take advantage of the significantly lower house edge. There are close to 100 roulette wheels/tables within the casino, and each roulette station has table chips (different from traditional Crown chips discussed below) of different colours, with a unique number for that specific table – chips which can only be used at their respective tables.

Rapid Roulette allows players to play the game at their own electronic terminal in front of either a live croupier who spins the ball, or in front of an on-screen roulette wheel operated by a random number generator (RNG). Players who play Rapid Roulette have the chance to win a jackpot between $100 and $1000. Each terminal is automatically updated with the result of the spin, winnings are paid instantly and loses are taken. A timer appears on screen to let you know how long you have in between spin to place your bets.

Blackjack at Crown

Crown offers three distinct version of the game of 21: original Crown Blackjack, Blackjack Plus and pontoon. Blackjack Plus, one of the most skewed casino games in favour of the house, was introduced in 2012 and holds the rule that if the dealer draws to 22, he/she does not lose and no player is paid out – instead, the result is a ‘stand off’ and all bets placed are neither lost nor won. While this new variant of the classic blackjack game continues to be met with heavy criticism, it was approved by the Victorian Commission for Gambling Regulation. We suggest avoiding this game like the plague.

The Crown Chips

Crown casino chips are designed so each chip has a colour which represents an exact amount of money. The standard real money playing chips’ denominations are as follows:

• White chips – valued at $1
• Yellow chips – valued at $2.50
• Red chips – valued at $5
• Green chips – valued at $25
• Black chips – valued at $100
• Lavender chips – valued at $500
• Shiny ocean blue chips – valued at $1,000

Note: Crown also has other chips such as tournament chips and free play chips which hold no cash value.

The Three Hotels

The Crown complex owns three world-class and prestigious hotels – the Crown Towers, the Crown Metropol and the Crown Promenade – as well as two luxurious day spas (Isika Day Spa and Crown Spa).

• The Crown Towers: 481 rooms & villas over 38 floors.
• 658 rooms across 28 floors.
• 465 room hotel on 23 floors.

For more information about the hotels, visit the hotel section of Crown’s official website.

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The Palladium

The Palladium is the largest entertainment ballroom within the complex, with a seating capacity of 1,500. It hosts some of Australia’s premier functions including the AFL’s Brownlow Medal Count and the annual TV Week Logie Awards.