Loan sharks on Crown Perth Casino Floor Preying On Vulnerable Gamblers, Support Services Say?3 min read

Loan sharks on Crown Perth casino floor preying on vulnerable gamblers, support services say

Stuart accepted the request but lost money, which led to harassment and threats of death on the loan.

The story of Stuart is one of the few submitted letters that was submitted to the Perth Casino Royal Commission this month. An investigation was launched to determine whether Crown Perth was fit to hold a casino game license after financial claims.

Loan sharks on Crown Perth casino floor preying on vulnerable gamblers, support services say Stuart accepted the request but lost money, which led to harassment and threats of death on loan . The story of Stuart is one of the few submitted letters that was submitted to the Perth Casino Royal Commission this month. An investigation was launched to determine whether Crown Perth was fit to hold a casino game license after financial claims. Five months ago, the commission interviewed current and former Crown employees and members of WA's watchdog, the Gaming and Wagering Commission (GWC). Now, those in the first line of gambling addiction have their say. The failure of the crown to prevent credit concessions in its casino, the need for electronic gaming consoles and conflicts of interest between the counseling services and the casino are all important issues raised by advisory organizations and experts. Probe hears of death threats Financial Counseling Australia (FCA) has a number of details on loan lending at or near a casino, suggesting that they operate Innocently. Stuart told financial advisers that he feared for his life, referring to sharks who borrowed money as "low vultures". The General Manager for Crown Perth's security and surveillance Brian Lee questioned about the loan loss while he appeared before the Royal Commission last week. He told the investigation that the casino had taken steps to stop the suspect from borrowing money from the institution In most cases, most, if not all, of them are over two years old. " He was also questioned about a man known as Patron S, who was accused of lending money to a casino. Mr Lee said in view of police concerns and allegations, Crown barred Patron S in 2020. But concerns about the conduct of these officials began to be raised 11 years earlier. In 2009, a customer complained that Patron S was lending money to the Pearl Room at a casino. This information has been confirmed by the second customer after one month. Crown's security and monitoring team has raised 18 different notices in its program on Patron S and the conduct of bankruptcy between 2013-2015. Calls for national regulator The FCA's recommendation recommends that casinos be included in the national roll-out register, which will be launched next year. Ms Levin also wants to see a change in the current casino management system. The demand for gambling is growing. The DGCA which operates WA's only gambling service for gamblers, saw a 25 percent increase in the number of people seeking help over the past year. In its introduction to the question, the service called for a public awareness campaign to reduce the stigma of gambling addiction and to promote cultural services to diverse audiences.

Five months ago, the commission interviewed current and former Crown employees and members of WA’s watchdog, the Gaming and Wagering Commission (GWC).

Now, those in the first line of gambling addiction have their say.

The failure of the crown to prevent credit concessions in its casino, the need for electronic gaming consoles and conflicts of interest between the counseling services and the casino are all important issues raised by advisory organizations and experts.

Probe hears of death threats

Financial Counseling Australia (FCA) has a number of details on loan lending at or near a casino, suggesting that they operate Innocently.

Stuart told financial advisers that he feared for his life, referring to sharks who borrowed money as “low vultures”.

The General Manager for Crown Perth’s security and surveillance Brian Lee questioned about the loan loss while he appeared before the Royal Commission last week.

Loan sharks on Crown Perth casino floor preying on vulnerable gamblers
Loan sharks on Crown Perth casino floor preying on vulnerable gamblers – FILE PHOTO: The Crown Casino complex is pictured in Melbourne March 19, 2016. REUTERS/Jason Reed//File Photo

He told the investigation that the casino had taken steps to stop the suspect from borrowing money from the institution

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In most cases, most, if not all, of them are over two years old. ”

He was also questioned about a man known as Patron S, who was accused of lending money to a casino.

Mr Lee said in view of police concerns and allegations, Crown barred Patron S in 2020. But concerns about the conduct of these officials began to be raised 11 years earlier. In 2009, a customer complained that Patron S was lending money to the Pearl Room at a casino.

This information has been confirmed by the second customer after one month. Crown’s security and monitoring team has raised 18 different notices in its program on Patron S and the conduct of bankruptcy between 2013-2015.

Calls for a national regulator

The FCA’s recommendation recommends that casinos be included in the national roll-out register, which will be launched next year.

Ms Levin also wants to see a change in the current casino management system.

Loan sharks on Crown Perth casino floor preying on vulnerable gamblers
Loan sharks on Crown Perth casino floor preying on vulnerable gamblers

 

The demand for gambling is growing. The DGCA which operates WA’s only gambling service for gamblers saw a 25 percent increase in the number of people seeking help over the past year.

In its introduction to the question, the service called for a public awareness campaign to reduce the stigma of gambling addiction and to promote cultural services to diverse audiences.

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