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How gambling authorities missed Crown’s criminal ties – ABC News

It was the kind of news that should have spelt big trouble for James Packer’s Crown casino empire.

In September 2014, Four Corners revealed Crown’s joint venture in Macau, Melco Crown, was bringing in high rollers from mainland China using junket operators with links to organised crime triad gangs notorious for laundering drug money and the proceeds of sex trafficking, as well as for violent debt collection.

The junket operators included Suncity, long identified by law enforcement agencies around the world as having Triad ties.

Four Corners revealed it was “not just running some of Melco Crown’s VIP rooms in Macau it’s bringing Chinese high rollers to James Packer’s Crown Casinos in Australia”.

The fallout from these bombshell revelat…

Read the full article at: https://www.abc.net.au/news/2020-11-30/regulators-still-in-the-dark-on-crown-casinos-criminal-ties/12929312

Category: GamblingBy Insolvency GuardianNovember 29, 2020

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How gambling authorities missed Crown’s criminal ties – ABC News

It was the kind of news that should have spelt big trouble for James Packer’s Crown casino empire.

In September 2014, Four Corners revealed Crown’s joint venture in Macau, Melco Crown, was bringing in high rollers from mainland China using junket operators with links to organised crime triad gangs notorious for laundering drug money and the proceeds of sex trafficking, as well as for violent debt collection.

The junket operators included Suncity, long identified by law enforcement agencies around the world as having Triad ties.

Four Corners revealed it was “not just running some of Melco Crown’s VIP rooms in Macau it’s bringing Chinese high rollers to James Packer’s Crown Casinos in Australia”.

The fallout from these bombshell revelat…

Read the full article at: https://www.abc.net.au/news/2020-11-30/regulators-still-in-the-dark-on-crown-casinos-criminal-ties/12929312?section=world

Category: GamblingBy Insolvency GuardianNovember 29, 2020

Post navigation

PreviousPrevious post:Explained: Why is the issue of personal guarantors under IBC in SC? – The Indian ExpressNextNext post:How gambling authorities missed Crown’s criminal ties – ABC News

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Court wipes punter's $150,000 debt – Racenet
July 15, 2024
Woman sells her two daughters to people traffickers to cover gambling debts – Yahoo News Australia
July 13, 2024
Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail
July 10, 2024
Ex-NBA player Jontay Porter admits to gambling scheme that earned shady bettors $1M – New York Post
July 10, 2024
Ex-Raptors player Jontay Porter pleads guilty in case tied to gambling scandal – CBC Sports
July 10, 2024
Intermediate-aged boy's $16k online gambling debt – Otago Daily Times
July 8, 2024
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