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Australia Crown CEO Ken Barton bows to pressure and agrees to resign

11:05  11 february  2021
11:05  11 february  2021 Source:   abc.net.au

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a man wearing a suit and tie smiling at the camera: Crown's CEO Ken Barton will resign after pressure from gaming regulators in NSW and Victoria.. (Supplied: Crown Resorts) © Provided by ABC NEWS Crown's CEO Ken Barton will resign after pressure from gaming regulators in NSW and Victoria.. (Supplied: Crown Resorts)

Crown chief executive Ken Barton is likely to step down in the coming days, in the wake of a damning report into the Australian casino giant.

The Bergin Report this week found there was likely no future in the company for Mr Barton.

ABC News understands Mr Barton has given intention he is set to hand in his resignation.

Yesterday two Crown board members Michael Johnston and Guy Jalland resigned from Crown.

Mr Barton met earlier today with Crown chair Helen Coonan when it is understood he offered his resignation.

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It comes after increasing pressure from gambling regulators following a report critical of Crown, released this week.

An extensive investigation by the NSW gaming regulator found Crown was unsuitable to operate a licence for its new Sydney casino in its current form.

It's report outlined a litany of Crown failures, including money laundering, and said the company would have to undertake extensive cultural change in order to hold a licence to operate the new Barangaroo casino in future.

In an interview with ABC Radio National, NSW's Independent Liquor and Gaming Authority (ILGA) chair Philip Crawford this morning said the pair must resign or be sacked if Crown wanted to hold the licence to operate Sydney's second casino.

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  Victorian Government under pressure over Crown Casino after NSW inquiry The Victorian Government is under serious pressure over its regulation of Crown Casino after a NSW inquiry deemed the company was not suitable to hold a licence. The damning findings have raised questions about the efficacy of the Victorian gambling regulator, with much of the evidence against Crown based on events and behaviour associated with the Melbourne casino.The Andrews Government has already brought forward the five-yearly review of Crown's license in Melbourne to 2021, but that will still be carried out by the Victorian Commission for Gambling and Liquor Regulation (VCGLR).

As the crisis deepened, this afternoon the Victorian Commission for Gambling and Liquor Regulation (VCGLR) said Mr Barton and director Andrew Demetriou would be asked to explain why they should remain associates of Crown Melbourne in Southbank.

VCGLR chief executive Catherine Myers said the commission had a number of investigations ongoing into Crown, but the first step was to demand an explanation to the findings of the Bergin report.

"Under the Victorian Casino Control Act, associates of the casino operator must be of good repute, having regard to character, honesty and integrity," she said.

Two of Crown's directors, Michael Johnston and Guy Jalland, yesterday resigned from the board, a move welcomed by the NSW ILGA.

Australia: Dirty Money Laundering Charges in Large Casino Group .
© REUTERS - Jason Reed Crown Resorts General Manager Ken Barton has announced his resignation. Crown Resorts, one of Australia's largest casino groups, faces numerous charges of money laundering linked to organized crime. Suddenly, many officials resign. After the departure of three managers, it is the turn of general manager Ken Barton to announce his resignation. The games complex, located on Sydney Bay, is in turmoil following an investigation by the New South Wales State Gaming Agency.

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This is interesting!