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Tabcorp suing ATO over $538M in deductions
Article 2021-07-13 3:15 pm By Cat Fredenburgh Melbourne

Tabcorp and its Tatts unit have filed three proceedings against the ATO this year, with the gambling giants asking the court to allow a total of $538 million in deductions for gambling licences in three states over three financial years.

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Tatts takes ATO to court over deduction for $120M lotto licence
ATO 2021-06-15 11:27 pm By Cat Fredenburgh Melbourne

Tabcorp-owned Tatts Group has appealed a finding from the Commissioner of Taxation that it cannot deduct a $120 million lotto licence from it assessable income for the 2017 financial year.

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Crown admits to breaching Vic law for five years, as AUSTRAC probe widens
AUSTRAC 2021-06-07 1:58 pm By Cat Fredenburgh Melbourne

Crown Resorts admitted Monday that it broke a state law at its Melbourne casino over a five-year period and revealed the financial crimes regulator has expanded its money laundering investigation to include the company’s Perth casino.

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Crown wants novel oppressive conduct claims struck from shareholder class action
Allens 2021-05-19 10:32 pm By Christine Caulfield Melbourne

Crown Resorts will fight to strike out allegations in a class action that the casino operator was liable for “oppressive conduct” under the Corporations Act, saying there was no legal basis for making the claims and no articulation by the class as to how the company engaged in the conduct.

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Crown’s top lawyer threatened regulator over push for money laundering controls, inquiry hears
Adrian Finanzio 2021-05-18 8:44 pm By Cindy Cameronne Sydney

Crown’s former legal boss threatened to call the federal gaming minister after Victoria’s gaming watchdog pushed the company to implement stronger anti-money laundering controls on junket players, the royal commission into Crown Melbourne has heard.

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Crown ‘lied’ to regulator, faces potential contempt charge, inquiry hears
Adrian Finanzio 2021-05-17 10:36 pm By Christine Caulfield Melbourne

A “belligerent” Crown Melbourne lied to investigators probing the arrests of 19 of its China-based staff, and the casino operator could face charges of contempt for failing to respond to demands for documents by the gaming watchdog, an inquiry has been told.

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