NSW Independent Casino Commission sends warning

nsw-independent-casino-commission-sends-warning

Casinos in the Australian state of New South Wales have been warned that they will face very severe consequences if they engage in misconduct.

The newly created New South Wales Independent Casino Commission has the authority to monitor casino activities and act against operators who take part in money laundering or other criminal activity.

Under new laws, casinos face fines of up to AU$100m (US$67.8m), with errant board members and senior executives facing personal liability.

Philip Crawford, Chief Commissioner of the new Commission, says: “We are going to be a lot more vigilant, and we will have many more tools to assist us in that process. The ability of casinos to hide things from us, which they have actively done in recent years, will not be available to them.”