Australia’s Crown Resorts fined $77 million by regulators By Reuters

© Reuters. FILE PHOTO: The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed/File Photo

SYDNEY (Reuters) – Australian casino operator Crown Resorts has been fined A$120 million ($77.26 million) for serious misconduct, regulators of the state of Victoria said on Monday.

Crown was acquired by private equity firm Blackstone (NYSE:) Inc for $6.3 billion earlier this year.

($1 = 1.5533 Australian dollars)

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