ABC News Australia reports
Ken Barton has stepped down as CEO and managing director of Crown Resorts following last week’s scathing report into the gambling giant.
Key points:
- Ken Barton was found to be “no match” to run a casino by the gaming regulator
- An inquiry found he should have launched a full investigation into money laundering allegations
- Mr Barton is the fourth board member to resign in the last week
In a statement, Crown said it was determined to take “significant steps” to improve governance, compliance and culture.
Helen Coonan will lead the company as executive chairman while the board searches for a new CEO.
An investigation commissioned by NSW’s Independent Liquor and Gaming Authority (ILGA) last week concluded Crown was unsuitable to operate a licence for its new Sydney casino in its current form.
A report by Commissioner Patricia Bergin found there was likely no future in the company for Mr Barton.
Mr Barton said in a statement he was committed to assisting with a leadership transition.
Read more at https://www.abc.net.au/news/2021-02-15/crown-ceo-ken-barton-resigns-after-sydney-casino-report/13154690
