Crown Resorts’ lawyers have warned the federal court that the casino operator would face “significant financial hardship” if forced to immediately pay its $450 million settlement with Australia’s financial crimes regulator Austrac.
Isn’t that the whole point of a fine? If it wouldn’t cause them any hardship, they’ll just treat it as the cost of doing business.
But where’s all the money going? 30% worse debt-to-GSP ratio than NSW, and nothing to show for it (besides highest-paid premier in the country).