The Victorian Gambling and Casino Control Commission (VGCCC) has come down strong on its gambling regulations in the first six months of operation, racking up a record fine, high numbers of gambling audits and three prosecutions.
Chief Executive of VGCCC, Annette Kimmitt said the Commission’s Annual Report 2021-22 detailed a year of significant change – “with the VGCCC established on 1 January 2022 to prepare to focus solely on gambling activities and a six-month transition away from liquor regulation culminating in a separation of liquor and gambling regulation in Victoria”.
Ms Kimmitt said the Commission had used its new powers to fine Crown Melbourne $80 million for its China Union Pay scheme “where it facilitated the illegal transfer of funds from China for patrons to gamble with at the Melbourne casino”.
“To our knowledge this is the largest fine ever levied against a casino in the world,” Ms Kimmitt said.
“This sends a very clear message to Crown and to the whole industry that we will not tolerate illegal activity,” she said.
“We have stronger powers and a sharper focus on creating a gambling industry that has integrity, and is safe and fair for all.”
Ms Kimmitt said that in the 2021-22 financial year, VGCCC assessed 7,410 gambling licence applications, undertook 849 suitability assessments of gambling participants involved in the Melbourne casino, gaming and racing industries, and conducted 917 gambling inspections when COVID-19 restrictions were lifted and venues were open.
She said the Commission also undertook 615 gaming revenue, operational and financial audits to check operator, product and system compliance, and prosecuted two bingo operators as well as a wagering service provider for breaches of gambling laws.
The VGCCC’s 106-page Annual Report can be accessed at this PS News link.
