• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 30 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Crown proposes industry-wide forum to ensure smaller gaming operators strengthen AML, responsible gambling controls

Ben Blaschke by Ben Blaschke
Mon 11 Mar 2024 at 12:20
Crown’s internal AML controls described by inquiry judge as a “debacle”
56
SHARES
1.4k
VIEWS
Print Friendly, PDF & Email

The CEO of Australian casino and integrated resort operator Crown Resorts has proposed the formation of an industry-wide forum under which it would assist the nation’s hundreds of pubs and clubs implement the same AML and responsible gambling controls currently required of Crown.

Speaking at the Regulating the Game conference in Sydney on Monday, Ciarán Carruthers said that the strict controls being placed upon Crown’s properties in Melbourne, Sydney and Perth would be of little use if similar restrictions did not apply to all gaming venues. Currently, he noted, those identified by Crown as potentially suffering from a gambling problem, or those looking to launder funds, can simply “move elsewhere in the community where the guardrails and protections and safeguards don’t exist.”

“We are of the view that system neutrality – where there is a consistent approach to gambling regulation within each state – has broad reaching benefits for the whole industry and for the public,” Carruthers said.

“If we don’t have system neutrality, the problems simply move elsewhere.”

Crown Resorts CEO Ciarán Carruthers at Regulating the Game on Monday

However, the Crown CEO noted that initiatives such as those recently announced in New South Wales – where venues with 20 or more gaming machines will be required to employ harm minimization officers – or in Victoria where pre-commitment and carded play will be introduced at all venues, are “not easy or cheap.”

“This transition is difficult so I won’t stand here and tell you that it’s simple and you should just get on with it. But we have done it and we are doing it, so I am telling you that it’s possible. That’s why I believe we have a role now in supporting other operators in making the transitions that we have without having to start from scratch. We want to share our knowledge and resources with as many operators as we can, because doing so benefits everybody – the regulators, the operators, the guests and the team members and our communities.

“I would like to propose the creation of an industry-wide forum that Crown will gladly chair to allow us to share research, data, processes and technology to assist this move forward. In order for the industry to do better we have a shared responsibility to lay the foundations for safer, more enjoyable experiences for our guests who have come to have fun and be entertained gaming and should be able to do that safely.”

According to Carruthers, the push for such an industry body comes with Crown – which recently implemented its PlaySafe program with mandatory carded play – having already seen evidence of guests “walking out of Crown’s resorts and into the local pubs, clubs and RSLs, where carded play technology does not yet exist.”

On Crown’s own progress, Carruthers said the company has “moved mountains” to transform its culture from one that put profit before compliance to one that fulfils community expectations. Crown has, he explained, invested AU$71 million into its compliance and responsible gambling teams, including 170 new hires in compliance and a 50% increase in the size of its RG team.

RelatedPosts

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Fri 30 May 2025 at 05:38
Genting Malaysia misses 4Q24 estimates, slashes dividends as rising costs hurt profitability

Genting Malaysia reports US$613 million in Q1 revenue, impacted by lower VIP at Resorts World Genting

Fri 30 May 2025 at 05:23
Casino Filipino venues to receive first delivery of almost 2,000 new slot machines by mid-September

PAGCOR board, including Chairman Tengco, tender courtesy resignations following Presidential call

Thu 29 May 2025 at 14:15
More details emerge on Thailand Entertainment Complex Roundtable including real-time transcription and translation, simultaneous interpretation, venue information and Thai media coverage

More details emerge on Thailand Entertainment Complex Roundtable including real-time transcription and translation, simultaneous interpretation, venue information and Thai media coverage

Thu 29 May 2025 at 06:46
Load More
Tags: anti-money launderingAustraliacasinosCiarán CarruthersCrown ResortsGamingResponsible Gambling
Share22Share4
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

by Ben Blaschke
Fri 30 May 2025 at 06:42

Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased domestic and regional competition and the rise of online gambling across Asia for sustained flatness in the...

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

by Ben Blaschke
Fri 30 May 2025 at 05:38

Industry figures taking part in the Thai Entertainment Complex Roundtable (TECR) next Thursday 5 June hope to find common ground with those who oppose Thailand’s Entertainment Complex Bill, citing the opportunity to use an evidence-based approach to achieve outcomes that...

Genting Malaysia misses 4Q24 estimates, slashes dividends as rising costs hurt profitability

Genting Malaysia reports US$613 million in Q1 revenue, impacted by lower VIP at Resorts World Genting

by Ben Blaschke
Fri 30 May 2025 at 05:23

Genting Malaysia reported a 6% decline in group-wide revenue to MYR2.60 billion (US$613 million) in the three months to 31 March 2025, including a 7% drop in revenue at flagship Malaysian property Resorts World Genting (RWG) to MYR1.62 billion (US$382...

Macau’s hotel occupancy rate reaches 89% in July

Macau’s hotel occupancy rate climbed to 87.8% in April

by Pierce Chan
Thu 29 May 2025 at 17:27

Macau’s average hotel occupancy rate rose by 4.7 percentage points year-on-year to 87.8% in April, with the number of guests increasing by 3.4% to 1.2 million. According to data from the Statistics and Census Service (DSEC), there were 147 hotel...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English