Crown CEO wrong guy to ask re casinos’ VIP gambling ops

Australian casino operator Crown Resorts is coming under fire as its CEO admitted his cluelessness regarding VIP gambling activity.

The New South Wales Independent Liquor & Gaming Authority (ILGA) inquiry into Crown’s suitability to hold a state gaming license heard from company CEO Ken Barton on Wednesday. Barton acknowledged that VIP gamblers steered to Crown casinos by junket operators were “certainly a higher risk than other customers” in terms of complying with anti-money laundering (AML) rules.

But Barton (pictured), who was Crown’s CFO before assuming the CEO reins in January, expressed ignorance of the fact that the Suncity junket was operating a “cash desk” and facilitating large cash transactions with high-rollers in its VIP gaming room at Crown Melbourne.  

Evidence of these transactions surfaced last October when local broadcaster Nine aired security camera footage showing individuals handing over ‘bricks’ of $50 and $100 bills to Suncity staff, bypassing the casino’s main cashier cage and the extra scrutiny that comes with more traditional deposits.