{"id":110932,"date":"2019-08-02T06:33:12","date_gmt":"2019-08-02T13:33:12","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=110932"},"modified":"2019-08-02T14:06:39","modified_gmt":"2019-08-02T21:06:39","slug":"crown-resorts-hits-back-at-deceitful-media-campaign","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/crown-resorts-hits-back-at-deceitful-media-campaign\/","title":{"rendered":"Crown Resorts Hits Back at \u2018Deceitful\u2019 Media Campaign as Shares Plummet"},"content":{"rendered":"

Embattled Australian casino giant Crown Resorts has hit back at its media detractors<\/a> with full-page newspaper ads denouncing a \u201cdeceitful campaign\u201d that has \u201cunfairly attempted to damage its reputation.\u201d<\/p>\n

\"Crown
Crown Resorts said that a recent barrage of attacks in the media related to its Chinese VIP program were \u201cunsubstantiated allegations, exaggerations, unsupported connections and outright falsehoods.\u201d (Image: Crown Resorts)<\/figcaption><\/figure>\n

Crown\u2019s share prices plummeted 7.7 percent on Monday and Tuesday in the wake of a documentary<\/a> exposing allegedly untoward links with triad-connected junket operators, although they have since slightly rallied.<\/p>\n

Among the allegations posed by Australia\u2019s Channel Nine\u2019s 60 Minutes<\/em> show \u2013 and in subsequent reporting by newspapers owned by Nine Entertainment \u2013 was that Crown turned a blind eye to criminal elements within Macau-based junket groups that facilitated trips for Chinese high rollers to its Australian casinos.<\/p>\n

Reports also claimed that Crown permitted money laundering while exploiting weaknesses in the Australian visa system to fast-track high rollers into the country without the appropriate checks and balances.<\/p>\n

60 Minutes<\/em> said its reporting was based on thousands of leaked internal Crown documents.<\/p>\n

\u2018Unbalanced, Sensationalized\u2019 \u00a0<\/strong><\/h2>\n

But in its newspaper advertisement, which was signed by individual members of the Crown board, the company claimed that \u201cmuch of this unbalanced and sensationalized reporting is based on unsubstantiated allegations, exaggerations, unsupported connections and outright falsehoods.\u201d<\/p>\n

Much was sought to be made in the programme of the conduct of \u2018Crown\u2019s junket operators,\u2019 it continued. \u201cIn fact, the junkets are not Crown\u2019s. They are independent operators who arrange for their customers to visit many casinos globally. Crown deals with junkets and their customers in essentially the same way as other international casinos.\u201d<\/p><\/blockquote>\n

Moreover, Crown emphasized that the Macau junkets are licensed and regulated by authorities in Macau, while casino regulators in Australia and elsewhere also vet their operations and their relationships with domestic casino operators.<\/p>\n

Crown also has its own vetting process for the junkets, which includes probity, integrity, and police checks, as well as regular reviews of their operations.<\/p>\n

Never Heard of \u2018The Company\u2019<\/strong><\/h2>\n

Addressing specific examples of \u201cpoor or misleading journalism,\u201d Crown noted 60 Minutes<\/em> claimed that Chinese President Xi Jinping’s cousin, Ming Chai, was found on Crown\u2019s private jet by Australian law enforcement authorities investigating money laundering, when, in fact, the jet was neither owned nor chartered by the company.<\/p>\n

Meanwhile, 60 Minutes<\/em> aired surveillance footage from 2012 that showed a man called Roy Moo allegedly receiving a bag stuffed with cash at a vegetable market. Moo worked for a junket operation that did business with Crown, and in December 2013, was convicted of money laundering.<\/p>\n

But Crown says there was no mention in the documentary that Moo was excluded from the Crown Melbourne of its own volition \u201cmore than six years ago.\u201d<\/p>\n

Moo was alleged by 60 Minutes<\/em> to be working for a triad conglomerate called \u201cThe Company,\u201d washing drug money through Crown Melbourne.<\/p>\n

\n

Crown notes that while there are extensive references in the 60 Minutes<\/em> show to its own alleged criminal connections to \u201cthe Company,\u201d it has had \u201cno dealings or knowledge of any organisation of that name or description.\u201d<\/p>\n<\/div>\n

Although not mentioned by Crown, casino security footage of Moo depositing the money at the cage, which is alleged to have come from the bag switch at the vegetable market, clearly shows him filling out a currency transaction report (CTR), which suggests Crown is complying with anti-money laundering procedures.<\/p>\n

Visa Questions <\/strong><\/h2>\n

Lastly, Crown asserts it has never \u201csought to circumvent visa requirements or compromise any process of identification or verification for immigration purposes.\u201d<\/p>\n

Australia\u2019s Department of Home Affairs (DHA) has acknowledged that, from 2002 to 2016, it had an agreement in place with Crown to \u201cfacilitate quick visa processing of short-stay visas\u201d for its high-net-worth clients, as it did with many international tourism companies.<\/p>\n

Crown emphasized that it is a global tourism operator that makes a \u201cmajor contribution to the Australian economy.\u201d<\/p>\n

Following the 60 Minutes<\/em> report, Australia\u2019s attorney general Christian Porter ordered the Commission for Law Enforcement Integrity (CLEI) to launch an investigation into whether Crown conspired with the DHA to bring known criminals into the country to gamble.<\/p>\n","protected":false},"excerpt":{"rendered":"

Embattled Australian casino giant Crown Resorts has hit back at its media detractors with full-page newspaper ads denouncing a \u201cdeceitful campaign\u201d that has \u201cunfairly attempted to damage its reputation.\u201d Crown\u2019s share prices plummeted 7.7 percent on Monday and Tuesday in the wake of a documentary exposing allegedly untoward links with triad-connected junket operators, although they […]<\/p>\n","protected":false},"author":36,"featured_media":110934,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,18],"tags":[],"acf":[],"yoast_head":"\nCrown Resorts Hits Back at "Deceitful" Media Campaign<\/title>\n<meta name=\"description\" content=\"Crown Resorts takes out full-page ads in newspapers to refute '60 Minutes' report over its relationship with Macau junkets and Chinese VIPs.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta 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