Blackstone-owned Crown Resorts has been deemed suitable to retain its Sydney casino licence by the New South Wales gambling regulator, the Independent Liquor and Gaming Authority (NICC). The decision comes after nearly three years of extensive remediation efforts by Crown in response to past regulatory concerns.
Crown Resorts has been deemed suitable to hold its Barangaroo casino license in New South Wales (NSW). The decision comes three years after the company faced scrutiny from royal commissions for its anti-money laundering and counterterrorism failures. Crown has since undergone significant reforms and the NSW Independent Casino Commission (NICC) believes it is now a “vastly different business.”
