Crown faces disciplinary action from VGCCC re Unionpay scheme

April 6, 2022 World Crime & Legal Industry Updates

Crown Melbourne is facing fines of up to $100 million for its role in enabling the illegal transfer of funds from China using China UnionPay.

On Tuesday, the Victorian Gambling and Casino Control Commission (VGCCC) announced it had launched disciplinary proceedings into what has been dubbed the “China Union Pay process” – a scheme in which the Crown would issue false receipts for hotel services which allowed the gambler to instead use it for gambling chips.

These proceedings can see the Crown slapped with fines of up to $100 million, compared to the previous maximum of $1 million. Other actions available to the VGCCC include “varying the casino license,” and/or “censuring Crown and directing it to take rectification steps.”