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The New Daily
The New Daily
National
Tara Cosoleto

Crown to pay $450m penalty for money laundering breach

Crown
Crown has agreed to the penalty with the Australian Transaction Reports and Analysis Centre. Photo: AAP

Casino giant Crown has agreed to pay a $450 million penalty after it failed to comply with anti-money laundering and counter-terrorism financing laws.

Crown Melbourne and Crown Perth on Tuesday confirmed it had reached the agreement with the Australian Transaction Reports and Analysis Centre.

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