CWN News: Regulator to launch disciplinary action against Australia's Crown Resorts - 6th Apr 2022, 10:43am

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(Reuters) - The Victorian gambling regulator will launch disciplinary action and can impose fines of up to A$100 million ($75.82 million) on Crown Resorts after an inquiry found the Australian casino operator enabled illegal transfer of funds from China.

The Victorian Gambling and Casino Control Commission (VGCCC) said on Tuesday it will launch disciplinary proceedings into what is dubbed the "China Union Pay process", which was uncovered at Victoria's royal commission into Crown's licence.

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