Employees of the James Packer-controlled casino group Crown Resorts who were detained in October have pleaded guilty to "gambling crimes" in China. The 19, including three Australians, were mostly handed sentences of nine to ten months, including time served. Sixteen of the 19 defendants were fined a total of CNY8.62m ($1.26m), which Crown Resorts said it would pay. Crown Resorts shares fell to a year-low of $9.71 following the detentions in October, but were trading at $12.65 up 0.79% at Friday’s close. In November last year, Chinese authorities arrested two Australian men and charged them with running an illegal gambling operation at a Macau casino.
Employees of the James Packer-controlled casino group Crown Resorts who were detained in October have pleaded guilty to "gambling crimes" in China. The 19, including three Australians, were mostly handed sentences of nine to ten months, including time served. Sixteen of the 19 defendants were fined a total of CNY8.62m ($1.26m), which Crown Resorts said it would pay. In November last year, Chinese authorities arrested two Australian men and charged them with running an illegal gambling operation at a Macau casino.