The Australian Transaction Reports and Analysis Centre AUSTRAC disclosed the Party poker casino probe on Monday among a flurry of new investigations, including a widening of an existing inquiry into Crown, which has been fielding takeover thr as a way the star casino owner resolve allegations of systemic governance failings.
An investigation into Star, owner of Sydney's only casino, over similar issues would most likely heighten owned challenge of getting regulatory clearance for the company's audacious buyout approach for Crown last month. AUSTRAC found potential compliance breaches at Star's Sydney casino during an assessment of its handling of "high risk and politically exposed" customers from totriggering an "enforcement investigation," Star said in a casinno filing.
The agency had not decided what action to take but had "indicated that it will request information and documents from The Star as part of its investigation," Star added, odner that it would fully cooperate.
AUSTRAC confirmed the investigations, which it said were the result of "proactive cqsino work in the casino sector", but declined to comment further. SkyCity's New Zealand-listed betchain no deposit bonus did not free no deposit because of a public holiday.
In addition to the AUSTRAC scrutiny, Crown is navigating two subsequent regulator inquiries into its operations in Melbourne and Perth, two class-action lawsuits, several takeover proposals, and rolling restrictions on trading related to Covid lockdowns. Skip Navigation. Markets Pre-Markets U.
Key Points. The Crown Resorts logo is displayed at the entrance to the Free no deposit Towers hotel, part of the Crown Melbourne casino and entertainment complex, in Melbourne, Australia.