The $450 million penalty, if approved, would be the highest paid by a casino globally.Ĭrown and AUSTRAC have agreed to a proposed penalty of $450 million.
The financial crime watchdog, AUSTRAC, and Crown filed joint submissions with the Federal Court proposing the penalty for contraventions at its Melbourne and Perth casinos. Crown Resorts could end up paying one of the largest financial penalties in corporate gambling history after agreeing to a $450 million fine for breaches of anti-money laundering and counter-terrorism laws.
