New Crown CEO Breaks Down in Emotion Laying Out Turnaround Plan

Bloomberg2021-07-06

Crown Resorts Ltd.’s new Chief Executive Officer, Steve McCann, broke down with emotion on the witness stand at an inquiry into the company’s Melbourne casino as he laid out his plans to transform the...

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Comments

Lucky997
2021-07-06
Lucky997
Comment & like :)
Ravi7174
2021-07-06
Ravi7174
Great
gary9535
2021-07-06
gary9535
Wow
- oneplus374:
  okay
sk27
2021-07-06
sk27
Hire them back again. Like pls
- sk27:
  yes
- Ahboy18:
  Reply pls
Kelvinneo
2021-07-06
Kelvinneo
Like and comment
- XiuJ:
  Ok
wesskiller88
2021-07-06
wesskiller88
Like and comment please
- Ahboy18:
  Reply pls

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A similar investigation in Sydney in February revealed years of money laundering at Crown’s casinos, a lack of management oversight, and recommended a comprehensive overhaul.\nUnder sustained pressure Tuesday afternoon from questions by Meg O’Sullivan, counsel assisting the investigation, McCann struggled to contain his emotions as he explained how he would lift standards.\n“What you walk past is what you condone,” said McCann, using a phrase he said had resonated with staff since he joined Crown on June 1. McCann said he’d asked employees to call out improper behavior, and speak up if theyfeltuncomfortable or coerced.\nHis voice breaking up, McCann said he wanted to ensure that “I’m not asking them to do something that’s inconsistent with their values.” He struggled to complete the sentence.\nJust weeks into the job, McCann is facing a regulatory onslaught that risks disabling Crown’s entire Australian gaming operation. 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According to theSydney Morning Herald, the underpayment is as much as A$272 million ($206 million).\n“The long-term viability and sustainability of Crown requires both a social license and a regulatory license,” McCann said later, after he’d been given a break to compose himself. “Crown can transform.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":157356453,"gmtCreate":1625568386872,"gmtModify":1703743909388,"author":{"id":"3583134156550772","authorId":"3583134156550772","name":"Lucky997","avatar":"https://static.tigerbbs.com/d479af33dd70e9e201e6800dd057b2a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583134156550772","authorIdStr":"3583134156550772"},"htmlText":"Comment &amp; like :)","listText":"Comment &amp; like :)","text":"Comment & like :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157356453","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157338035,"gmtCreate":1625564422227,"gmtModify":1703743835636,"author":{"id":"3580901061207185","authorId":"3580901061207185","name":"Ravi7174","avatar":"https://static.tigerbbs.com/fbe4119415b0dcdf9451be0bdc3b6eb8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580901061207185","authorIdStr":"3580901061207185"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157338035","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157309398,"gmtCreate":1625562817514,"gmtModify":1703743802393,"author":{"id":"3586300229783457","authorId":"3586300229783457","name":"gary9535","avatar":"https://static.tigerbbs.com/450bffc6ea7d58c21b47fcc86060b0d4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586300229783457","authorIdStr":"3586300229783457"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157309398","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5136515,"gmtCreate":1625564374827,"gmtModify":1663230591338,"authorId":3573639773544520,"author":{"id":3573639773544520,"idStr":"3573639773544520","authorId":3573639773544520,"name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157309398,"type":1,"supId":0,"prevId":0,"content":"okay","text":"okay","html":"okay"}],"langContent":"EN"},{"id":157977035,"gmtCreate":1625562673627,"gmtModify":1703743798636,"author":{"id":"3582018187984085","authorId":"3582018187984085","name":"sk27","avatar":"https://community-static.tradeup.com/news/9eff7bdabcd1448e80d9f4881925e9bb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582018187984085","authorIdStr":"3582018187984085"},"htmlText":"Hire them back again. Like pls","listText":"Hire them back again. Like pls","text":"Hire them back again. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/157977035","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5140856,"gmtCreate":1625587071407,"gmtModify":1663230609452,"authorId":3582018187984085,"author":{"id":3582018187984085,"idStr":"3582018187984085","authorId":3582018187984085,"name":"sk27","avatar":"https://community-static.tradeup.com/news/9eff7bdabcd1448e80d9f4881925e9bb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157977035,"type":1,"supId":5136276,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"},{"id":5136276,"gmtCreate":1625562756954,"gmtModify":1663230587949,"authorId":3580470316513392,"author":{"id":3580470316513392,"idStr":"3580470316513392","authorId":3580470316513392,"name":"Ahboy18","avatar":"https://static.tigerbbs.com/d675603e4c812ab6a525a4945244b613","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157977035,"type":1,"supId":0,"prevId":0,"content":"Reply pls","text":"Reply pls","html":"Reply pls"}],"langContent":"EN"},{"id":157974206,"gmtCreate":1625562656005,"gmtModify":1703743798150,"author":{"id":"3576527829922352","authorId":"3576527829922352","name":"Kelvinneo","avatar":"https://static.tigerbbs.com/02f9dc9fba8b950702638da01ab252b8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576527829922352","authorIdStr":"3576527829922352"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157974206","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5136263,"gmtCreate":1625562678122,"gmtModify":1663230589056,"authorId":3582013193139368,"author":{"id":3582013193139368,"idStr":"3582013193139368","authorId":3582013193139368,"name":"XiuJ","avatar":"https://static.tigerbbs.com/2679b64d21b553ca13b45b2f03e15f76","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157974206,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":157972794,"gmtCreate":1625562494818,"gmtModify":1703743796043,"author":{"id":"3573810325927445","authorId":"3573810325927445","name":"wesskiller88","avatar":"https://static.tigerbbs.com/81e8f42bacc792eef40d846b516e979d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573810325927445","authorIdStr":"3573810325927445"},"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157972794","repostId":1153159228,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5136279,"gmtCreate":1625562772034,"gmtModify":1663230590645,"authorId":3580470316513392,"author":{"id":3580470316513392,"idStr":"3580470316513392","authorId":3580470316513392,"name":"Ahboy18","avatar":"https://static.tigerbbs.com/d675603e4c812ab6a525a4945244b613","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157972794,"type":1,"supId":0,"prevId":0,"content":"Reply pls","text":"Reply pls","html":"Reply pls"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":57,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1153159228"}