Crown to pay $450m penalty after failing to comply with anti-money laundering laws

1 year ago 33

Crown casino and Austrack agree to penalty, which still must be approved by court

Casino giant Crown has agreed to pay a $450m penalty after it failed to comply with anti-money laundering and counter-terrorism financing laws.

Crown Melbourne and Crown Perth on Tuesday confirmed it had reached the agreement with the Australian Transaction Reports and Analysis Centre (Austrac).

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