The Victorian Government declared on Monday the creation of a royal commission for the eligibility of Crown Resorts to retain its Melbourne casino license.
First opened in 1997, Crown, with more than 15,000 workers through its hotels, conference rooms, restaurants and entertainment facilities, has grown to be one of the state’s largest single-site employers.
The government of the Napthine Alliance increased Crown’s Melbourne casino license to 2050 in 2014.
Victorian Premier Daniel Andrews is now saying he is prepared to revoke the agreement if the Royal Commission says that when the final report is released by August 1, Crown should lose his license.
“This is a royal commission to determine whether they’re fit to hold that licence. So if you’re having that process, you have to be clear that you’ll implement the findings,” Mr Andrews said.
So, is the Victorian government really going to tear up the Crown license? And if it does, then what is going to happen next?