Crown Delays Opening of New Sydney Casino Amid Inquiry

Crown Sydney gaming start delayed amid op suitability issue

NSW gaming regulator tells Crown to delay Sydney casino opening

The chairman of the ILGA said that given the major shortcomings of Crown Resorts, they were not convinced nor comfortable of allowing Crown Barangaroo to open until the inquiry is completed and a full report is submitted.

In a statement, the company said, "Crown will focus on opening the non-gaming operations at Crown Sydney, in consultation with ILGA, in the absence of the commencement of gaming operations".

Attached were two reports which led to bad news for the company as it neared the opening of its $2.2 billion casino and resort at Barangaroo in Sydney's Darling Harbour - which may no longer be able to operate as a casino.

The Crown Casino development Sydney will not open next month as planned.

According to a Tuesday report from G3Newswire, the Melbourne-headquartered firm had meant to begin welcoming gamblers to the $1.5 billion development from next month but has now been forced to delay this debut owing to an order from the New South Wales Independent Liquor and Gaming Authority. "That gives us great concern because we're talking about money laundering", Mr. Crawford said at a press conference. At stake is Crown's licence to operate the Sydney gaming resort, and Patricia Bergin, the retired judge heading the inquiry, is due to issue her report in February.

In denying Crown's request to introduce gaming to the new property in Barangaroo, a decision that was made during an emergency meeting by the ILGA today, Crawford explained that he was disappointed that Crown didn't proactively volunteer to put off the venue's opening in light of the ongoing investigation and added that there were too many question marks surrounding the company's activities.

"We're talking about - potentially - drugs, we're talking about child exploitation, we're talking about people trafficking and we're talking about financing terrorism." . A spokeswoman for the Victorian government said Crown's statement on junkets would be considered along with the show cause notice and the final recommendations of the NSW inquiry which are due in February.

As Casino Guardian previously, the gambling company planned to open its Barangaroo casino in the middle of December 2020.

ILGA said its meeting on Wednesday would also consider applications from Crown for approval of its VIP membership scheme, the boundary of its gaming area, and liquor licenses.

"That is certainly available to us".

On Thursday morning Crown's share price had sunk more than four per cent in early trade before rebounding to be down closer to two per cent by noon.

EARLIER: Crown Resorts shares have been placed into a trading halt, as the gaming giant eagerly awaits to find out whether or not it will be allowed to open its new Sydney casino.

The ILGA Chair went on to express his disappointment in the fact Crown had not proactively delayed the casino's opening, stating "they are not picking up the vibe".

"The reason for the request is that Crown has received a letter from the NSW Independent Liquor and Gaming Authority (ILGA) in relation to the opening of date of Crown Sydney", Crown said.

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