Posts

Showing posts from January, 2022

The Crown allegations show the repeated failures of our gambling regulators

Image
Regulatory failure has been mpo tik tok a hot topic in Australia recently. Royal commissions into the financial and aged care sectors have revealed major regulatory failures. The harm done by these oversights has been significant. Regulation is not just red tape. It  mpo tik tok protects the interests of those who put their faith, money, and in some cases, loved ones, into regulated institutions. Crown, Australia’s biggest casino operator, has been linked to organised crime, tiktok 4d slot login  money laundering and fast-tracked visas for big gamblers. All of these issues are the responsibility of gambling regulators. Yet, regulators appear to have missed it, despite their key role in preventing criminal influence affecting gambling operators. The “underwhelming” performance of regulators Not that this is a surprise. The Victorian Commission for Gambling and Liquor Regulation has been under scrutiny for some time. In 2017, the Victorian auditor-general pointed out that VCGLR’s cap