The NICC has granted Crown Sydney suitability to operate its casino license, marking a significant victory for the company. The decision recognizes the progress Crown has made in addressing the concerns raised by the Bergin inquiry, one of the royal commissions that examined the company’s operations.
Crown has implemented a multi-million dollar remediation program across its casinos and has demonstrated a commitment to responsible gambling and sustainability. Despite the challenges it has faced, Crown Sydney has established successful operations, heavily relying on its luxury hotel and restaurants for revenue.
The decision is a setback for Crown’s rival, The Star Entertainment Group, which faces the potential closure of its operations if it fails to convince the Adam Bell inquiry of its commitment to reform. The NICC has highlighted that while Crown has made significant improvements, it will continue to monitor the company’s progress to ensure it maintains suitability.
The regaining of the casino license is a positive development for Crown Resorts and marks a turning point in its history. The company will now focus on building on its reforms and maintaining the trust of regulators and the public.