In the realm of casinos, the odds are inherently stacked in favor of the establishment. In roulette, for instance, the presence of a zero slot alongside the 36 numbered slots increases the likelihood of losing bets.
Crown Casino, a prominent player in the industry, has come under scrutiny for its questionable practices. Investigations have revealed its involvement in large-scale money laundering and associations with criminal organizations. It has also been accused of violating responsible gambling regulations and misleading regulators.
Despite these revelations, Crown has managed to retain its lucrative casino license in Melbourne. The Victorian Gambling and Casino Control Commission (VGCCC) has imposed fines on the casino but has not held any individuals accountable for the wrongdoing.
The VGCCC's actions have raised concerns about the effectiveness of its oversight. The regulator has been criticized for failing to prevent Crown's transgressions and for its inability to take action against former employees who have left the company.
Crown has undergone significant changes in its leadership and operations, but it remains the sole casino operator in Victoria. The VGCCC has stated that it will closely monitor Crown's compliance with the law, but it is unclear what consequences the casino will face if it fails to meet expectations.
The lack of transparency and accountability in the casino industry raises questions about the effectiveness of regulatory oversight. While Crown has been fined, the absence of criminal or civil charges against individuals suggests that the consequences for wrongdoing may be insufficient to deter future misconduct.