NSW Independent Casino Commission sends warning to operators

Author: Live Casino Direct
 
NSW Independent Casino Commission sends warning to operators
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The New South Wales Independent Casino Commission has warned casinos in the state that they will face ‘very severe consequences’ if they engage in misconduct. Casinos face fines of up to AU$100m (US$67.8m) under new laws. Senior executives and board members will be personally liable for any wrongdoing that the operators know about but fail to stop.

NSW Independent Casino Commission sends warning to operators. Commission has unprecedented powers to monitor casino activities and act against operators who take part in money laundering or other criminal activity. New laws mean casinos face fines of up to AU$100m (US$67.8m) under new laws. Senior executives and board members will be personally liable for any wrongdoing. Chief Commissioner Philip Crawford warns operators of the consequences of crossing the line. The commission is also considering the findings of a review into The Star. It is expected to release an initial response in the coming weeks.