The royal commission is also examining how gambling is regulated in WA, focusing on the effectiveness of the Department of Local Government, Sport and Cultural Industries as well as the casino watchdog, the Gaming and Wagering Commission (GWC).Īs the inquiry heard this week, there has also been a big turnover of people in the regulatory side of the casino business since the royal commission began.

'Such matters could include the absence of a present or pending appointment of a CEO of the Perth casino, the absence of a appointment, the likelihood of the consequences of the implementation of the recommendations of the Victoria royal commission, as to the requirement for separate board and senior management for Melbourne casino and, similarly, the likelihood and consequences of the Blackstone group's acquisition of the CRL shareholding,' she said. Senior counsel assisting the commission, Patricia Cahill, urged the commissioners to consider uncertainties about Crown's future, like the takeover, when assessing its suitability to hold a casino licence. Last month, Crown told the ASX that its board was likely to accept a new takeover offer by US private equity giant Blackstone Inc, subject to regulatory approval by casino regulators in NSW, Victoria and WA. While Mr Packer told the Perth royal commission in October he didn't object to this, Mr Hutley urged the commissioners on Wednesday to not recommend a cap because it would restrict future shareholders. He told the royal commission that it should be cautious about relying too much on the findings of other inquiries into Crown.īoth the NSW and Victorian inquiries were damning of the influence of Mr Packer, with the Victorian royal commission into Crown recommending that CPH reduce its shareholding in Crown Resorts Limited (CRL) to less than 4 per cent by 2024.

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