Clause 15

by deleting paragraph (d) of the definition of “disciplinary action” in subsection (1) and substituting the following paragraph:“(d)the imposition of a financial penalty for each ground of disciplinary action —

in respect of a serious breach, of a sum not exceeding 10% of the annual gross gaming revenue (as defined in section 146(6)) of the casino operator for the financial year immediately preceding the date the financial penalty is imposed, as ascertained from the casino operator’s latest audited accounts; or

in respect of any other ground of disciplinary action, of a sum not exceeding $1 million;”;

by inserting, immediately after the words “was granted” in paragraph (a) of the definition of “grounds for disciplinary action” in subsection (1), the words “or renewed”;

by deleting the words “attributable to the casino operator” in paragraph (c) of the definition of “grounds for disciplinary action” in subsection (1);

by deleting the words “attributable to the casino operator, considered to be” in paragraph (d) of the definition of “grounds for disciplinary action” in subsection (1) and substituting the words “, in the opinion of the Authority”;

by deleting the full-stop at the end of paragraph (e) of the definition of “grounds for disciplinary action” in subsection (1) and substituting a semi-colon, and by inserting immediately thereafter the following paragraph:“(f)the casino operator has failed to provide information that it is required by this Act to provide or has provided information knowing it to be false or misleading or reckless as to whether it is so;”;

by inserting, immediately after the definition of “grounds for disciplinary action” in subsection (1), the following definition:“ “serious breach”, in relation to a casino operator, means a contravention of a provision of this Act or a condition of the casino licence by the casino operator, a person in charge of the casino, an agent of the casino operator or a casino employee which, in the opinion of the Authority —

severely affects the integrity of the casino operations or the integrity of gaming in the casino or severely undermines a measure intended to safeguard individuals or society against harm from casino gambling;

has caused or could cause significant gain of property to a person not legally entitled to it or significant loss of property to a person legally entitled to it;

has occurred as a result of wilful intent or reckless disregard for regulatory compliance;

has arisen from or in connection with a systemic failure or multiple failures in the management or operation of the casino; or

is injurious to the public interest or public order.”;

by inserting, immediately after the words “14 days” in subsection (2), the words “, or such longer period as the Authority may allow on application by the casino operator,”;

by deleting the words “by the notice in” in subsection (3) and substituting the word “under”;

by deleting the words “$1 million” in subsections (7) and (8) and substituting in each case the words “the appropriate sum in paragraph (d) of the definition of “disciplinary action” in subsection (1)”; and

by inserting, immediately after subsection (9), the following subsection:“(10) Any error in, revision to or adjustment of a casino operator’s gross gaming revenue ascertained from its latest audited accounts shall not affect the validity of any financial penalty imposed by the Authority under this section.”.