Casino Licence Australia
An Australian regulatory inquiry raised the prospect on Thursday of cancelling the casino licence of gambling giant Crown Resorts Ltd over alleged corporate governance failures, casting a shadow over the company weeks before a $1.6 billion resort opening.
The lawyer conducting hearings into the allegations also called for restrictions on the influence of Crown’s billionaire founder and 36% owner James Packer, including rethinking Packer’s status as a registered associate and forcing him to sell down his stake.
- Burswood Entertainment Complex currently holds the Casino Operator's Licence exclusively in Western Australia. Please consult the Contact Officer for more information. What are the eligibility requirements for this licence? Please consult with the Contact Officer for information on any eligibility requirements.
- Sep 23, 2017 An online casino is required to apply for a gambling license in order to be legally allowed to process payments and to use the gaming content of the biggest software providers.
- Nov 05, 2020 The Barangaroo casino is yet to open, but Crown already operates two other Australian casinos, one in Melbourne and one in Perth, and one in London.
- Obtaining an Australian casino license is an excellent opportunity to enter the international gaming market with an impeccable reputation. The 2WinPower team has collected comprehensive information about the nuances of regulating the gambling business in this offshore zone, the taxation system, and the rules of getting local permission.
Nov 03, 2020 An inquiry has recommended Crown Resorts be found no longer suitable to hold a casino licence in NSW, where it plans to open its high roller casino at Barangaroo in December.
Although the summing-up remarks by the lawyer, Adam Bell, are not binding, they show the inquiry contemplating the most damaging response possible for a company that has pegged its future to a 75-floor Sydney complex since a mass arrest of staff in China four years ago forced it to abandon its offshore ambitions.
As it nears the Sydney launch next month, a state gambling regulator is holding an inquiry into whether it should keep its licence since media reports accused Crown of dealing with tour operators with ties to organised crime, among other allegations.
If Crown could not work with the authorities to meet the criteria of a “suitable” casino licensee, “one option may be for the authority to suspend the licence, coupled with the conditions … that if satisfied would bring suspension to an end”, Bell told the inquiry.
“Another option … is cancelling the licence,” he added.
The hearings have scrutinised Packer’s influence over the company, including claims he received frequent trading updates and gave directions despite holding no role at the company, and threatened business associates as he sought, unsuccessfully, to take the company private.
“You should recommend to the (casino) authority that it reconsider its approval of Mr Packer as a close associate of the licensee with regard to his conduct,” Bell said.
Packer had, in hearings, cited mental illness as a reason for sending threatening emails to an unnamed business associate, but “there’s been no medical evidence presented to this inquiry by Mr Packer to support a causal connection between his conduct… and bipolar disorder or any other medical condition”, Bell added.
By Byron Kaye, Reuters, 4 November 2020
Read more at Reuters
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You will require this licence if you intend to operate a casino in Western Australia.
Please note that applications for a casino licence may only be received from a public company which has a casino complex agreement with the Agency. Under a casino complex agreement the Agency may undertake not to approve an application for a casino licence made by anybody else. Burswood Entertainment Complex currently holds the Casino Operator's Licence exclusively in Western Australia.
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