Victorian government sets aside AU$56 million in annual budget to strengthen Crown Melbourne oversight

The Victorian state government has set aside AU$55.6 million (US$39.3 million) in its budget for 2022/23 to implement recommendations contained within the recent Royal Commission into Crown Melbourne.

According to details released by the government on Friday, the funds will be used to support the work of the Special Manager, Stephen O’Bryan, who has been tasked with overseeing all aspects of the casino’s operations and report on whether he satisfied Crown is suitable to continue holding its operating license. The final report from Royal Commissioner Ray Finkelstein, published in October, found Crown unsuitable to retain its license but gave it a two-year reprieve under the watch of the Special Manager to return to suitability.

The funds also include an allocation to strengthen oversight of the casino via the recent establishment of new regulator, the Victorian Gambling and Casino Control Commission (VGCCC), which the government says will hold the casino operator to account with specialised staff and dedicated casino commissioners.

Source: https://www.asgam.com/index.php/2022/04/30/victorian-government-sets-aside-au56-million-in-annual-budget-to-strengthen-crown-melbourne-oversight/