CEO of Crown Resorts Cleared of Wrongdoing in Inquiry into Law Violations

An investigation into Crown Resorts’ chief executive, Ciaran Carruthers, has found that he did not break any laws, according to a report by the Australian Financial Review (AFR). The investigation was conducted after allegations that Carruthers allowed patrons to re-enter the Melbourne casino after being removed by security.

In an internal memo to employees, Crown Resorts President Bill McBeath stated that the investigation revealed no breaches of regulations or laws. However, the Board has decided to conduct a wider review of the company’s security procedures and policies to ensure clearer lines of authority and accountability over operational decision-making.

The investigation into Carruthers comes after reports emerged in late 2023 that he was being looked into for incidents at Crown’s Melbourne casino. It was alleged that Carruthers had intervened to bring back a patron who had been banned for a year and removed for bringing a minor into the casino.

Despite the investigation, a spokeswoman for Crown Resorts expressed full support for Carruthers, describing him as an experienced and well-respected executive. The investigation was launched after Crown Resorts was acquired by private equity firm Blackstone in 2022, and the company has hired two law firms to handle the matter.

The Victorian Gambling and Casino Control Commission (VGCCC) has stated that it is satisfied with the recommendations resulting from Crown’s investigation. However, it is still evaluating the suitability of Crown to manage a casino in Melbourne, with a decision expected in April 2024.

The investigation into Carruthers is part of a larger inquiry into Crown Resorts, which has faced scrutiny from regulators and the public. The company’s former chairman, James Packer, was forced to sell his stake after an inquiry found issues with money laundering and other management problems.

Overall, the investigation into Carruthers is part of a broader examination of Crown Resorts’ operations, and the company is working to address any concerns raised by regulators.