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Gambling holidays to be discontinued by Crown Casino.

Last update: May, 2024

Lisa Cheban
Written by: Lisa Cheban Content writer
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Crown Casino announces a halt to its junket programs for wealthy gamblers from China. Historically, these excursions allowed affluent individuals from mainland China to jet to Australia for gambling events at iconic locales like Crown Resorts in Sydney or Melbourne. casinos To retain their right to operate, Crown Casino will abandon these junket packages for prominent Chinese figures, as Australian venues once made them an easy draw, due in part to gambling restrictions in China, excluding Macau. Their failure to adhere to anti-laundering guidelines prompted this decision.

In order to hold onto their license, Crown Casino must cease these programs and prevent Chinese tourists from engaging in large-scale gambling. However, attracting tourists for leisure remains on the agenda, with gambling tables staying a key part of Crown's revenue stream.

Newly appointed CEO Ciarán Carruthers shared in local outlets that the focus is to comply with all responsible gambling norms and create a delightful experience for both local and international guests. pokies or Blackjack Carruthers, fresh at the helm of Crown Resorts, assumed his role shortly after the $8.9 billion acquisition by the US-based equity powerhouse Blackstone. Following the deal, all efforts were made to ensure the casino maintained its operating license.

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Article written by

Lisa Cheban