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‘Vastly different’ Crown can keep Sydney casino licence
There has been a significant development in the world of Australian gambling as Crown, the gambling giant, has been given the green light to retain its Sydney casino licence. This decision comes after nearly three years of intensive remediation and a thorough assessment by the NSW Independent Casino Commission.
According to Commission head Phillip Crawford, Crown has undergone a remarkable transformation and is now considered “vastly different” from its troubled past. The Commission expressed confidence that organised crime groups would not be able to infiltrate operations at Crown again, following a series of misconduct revelations in a 2021 inquiry.
Surveillance of the casino’s operations will continue, but the need for oversight from financial and risk advisor Kroll has been lifted. This decision by the regulator reflects their belief that Crown is now capable of running the casino lawfully.
Amidst allegations of misconduct at rival casino The Star, Crown’s efforts to reform and rebuild have been commended. Under the leadership of former chief executive Steve McCann and private equity firm Blackstone, the gaming empire has been overhauled to prioritize transparency and compliance.
Despite previous concerns raised by the Bergin inquiry regarding potential money laundering issues at Crown, the company has made significant strides in rectifying these issues and implementing necessary reforms. The company’s commitment to compliance and transparency has been recognized by the regulator.
In a statement, Crown affirmed its commitment to working collaboratively with the Commission to ensure ongoing compliance with industry regulations. The company views its Sydney casino as the “safest place to gamble in the state” and is dedicated to upholding the standards set by the regulator.
Overall, the decision to allow Crown to keep its Sydney casino licence marks a turning point for the company, which has worked diligently to address past misconduct and rebuild its reputation. With continued oversight and a commitment to compliance, Crown is poised to operate its Sydney casino in a responsible and lawful manner.
Facebook and Instagram are both experiencing technical issues at the moment. Users are reporting that their Instagram isn’t loading and their Facebook session has logged out.It is leading many people to worry that their Facebook and Instagram have been hacked, but this is not the case. So, what exactly is going on?
Facebook and Instagram Down
Have Facebook And Instagram Been Hacked?
Facebook and Instagram are not currently experiencing any data breaches or hacks, but experts suspect they are not fully protected against cyberattacks. Facebook owner Meta confirmed the issue via X formerly Twitter. The company is working on it now, so hopefully it will be sorted soon. In the meantime, you should spend some time doom-scrolling.
FreedomPay, a leading global provider of integrated commerce solutions, announces the successful certification and official launch of EFTPOS Least Cost Routing on its market-leading PCI P2PE integrated payments platform in Australia. This milestone achievement enhances the capabilities of FreedomPay’s platform, providing a seamless and cost-effective solution for both domestic and international merchants operating in the Australian market.
With the announcement of EFTPOS Least Cost Routing, FreedomPay extends its commitment to deliver innovative payment solutions with its integration of over 1000 Electronic Cash Register (ECR) and point-of-service (EPOS) applications. Merchants now have the capability to offer fully integrated contact and contactless transactions for EFTPOS, as well as support for all popular international card schemes.
“We are thrilled to announce the successful deployment of EFTPOS Least Cost Routing on our PCI P2PE integrated payments platform in Australia,” said Tony Hammond, SVP, Global Product Delivery at FreedomPay. “This milestone reflects our dedication to empowering merchants with cutting-edge solutions that not only enhance the customer experience but also drive operational efficiency and cost savings.”
FreedomPay – PCI P2PE solution
One of the key advantages of FreedomPay’s PCI P2PE solution is its ability to significantly reduce the time and costs associated with Payment Card Industry Data Security Standard (PCI DSS) compliance. Merchants can now benefit from enhanced security features while simultaneously lowering their overall costs of card processing. The integration of EFTPOS Least Cost Routing aligns with FreedomPay’s commitment to providing comprehensive solutions that address the evolving needs of the payments landscape.
FreedomPay’s omnichannel solution further reinforces its position as an industry leader, seamlessly integrating with all sales channels to deliver a consistent and user-friendly experience across the entire merchant enterprise. This omnichannel approach enables merchants to enhance customer engagement and satisfaction, regardless of the chosen sales channel.
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