Disgraced gambling giant Crown used its history of egregious law-breaking to argue down the third-largest corporate fine in Australian history.
Key points:
- Crown used huge fines already paid to try to argue down a penalty for money laundering breaches
- Crown told the court it would face “significant financial hardship” if the fine had to be paid up-front
- The judge criticised the arrangement as a “soft touch”
New figures reveal “high-risk customers” some with known links to criminal organisations brought $2.3 billion in revenue through the doors as Crown wooed them with private jets and rounds of golf.
Last week, the Federal Court ordered the gambling giant to pay $450 million for at least 546 breaches of anti-money laundering and counter-terr…
Read the full article at: https://www.abc.net.au/news/2023-07-20/rare-look-inside-finances-of-disgraced-casino-operator-crown/102617766