Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Sydney casino deal reveals 'triad fears'

James Packer's Crown has been prevented from doing business with a Macau casino mogul and alleged underworld figure by the NSW gaming regulator.

General view of Barangaroo from The Hungry Mile.
Crown's Barangaroo agreement prevents it from associating with alleged crime figure Stanley Ho. (AAP)

James Packer's Crown has had to assure NSW authorities it won't deal with alleged underworld figure Stanley Ho in order to get approval for his Barangaroo casino.

The revelation is contained in a VIP Gaming Management Agreement between Crown Resorts and the NSW casino regulator.

The document had previously been blacked out but a motion from Greens MP John Kaye succeeded in having it made public on Thursday.

The agreement prevents Crown associating with Dr Ho who is accused of having organised crime links.

Mr Packer is understood to be in business with the Macau casino mogul's son Lawrence through the business Melco Crown.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"To the extent to which it is within its power to do so, Crown will ensure that it prevents any new business activities or transactions of a material nature between Stanley Huang Sun Ho or a Stanley Ho Associate and Crown, any of Crown's officers, directors or employees or any Crown Subsidiary," the agreement reads.

Crown must also ensure Stanley Ho is prevented from acquiring any "direct, indirect or beneficial interest in Crown, a subsidiary of Crown or a subsidiary of Melco Crown".

Crown has also agreed to conduct quarterly searches on its businesses to make sure payments have not been made to Dr Ho.

Dr Kaye said the document shows the government has concerns the Barangaroo casino poses an organised crime risk.

"The government has effectively admitted they are concerned about triads, they are concerned about money laundering, they are concerned about money coming from prostitution, racketeering and drugs coming in through the Barangaroo casino," he told reporters.

Law-enforcement officials in North America and Europe have long contended Dr Ho has co-operation with triads and criminal gangs that used Macau's casinos to launder money and supply prostitutes and drugs to wealthy businessmen.

Comment has been sought from Melco Crown.


2 min read

Published

Updated


Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world