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kansas online sports bettingMay 30 (Reuters) - Crown Resorts, the Australian casino operator bought by Blackstone Inc (BX.
Crown has stopped doing business with foreign travel agents, or "junkets", who brought in Chinese gamblers, and since 2021 replaced most of its leadership in a bid to show the authorities it has rebuilt its governance systems.
Blackstone took Crown private for A$8.
"We are pleased to have reached this agreement with AUSTRAC," said Crown Resorts CEO Ciarán Carruthers, who started in the role in September.
If the federal court agrees to the fine at hearings scheduled for July 10 and 11, the amount would put Crown behind only Westpac Banking Corp (WBC.
AX) and Commonwealth Bank of Australia
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