Tag Archives: Star Entertainment
Star’s second inquiry off to a disastrous start with evidence of ‘going to war’ with regulator and spying on special manager
The first day of the new 15-week inquiry, demanded by the NSW Independent Casino Commission (NICC), following claims that Star hadn’t acted efficiently enough to prove its suitability as a casino operator, could not have got off to a worse start for the casino group with inflammatory texts brought to court along with accusations of…
Australia – Star Entertainment appoints David Foster as new Chairman
The Star Entertainment Group has announced that Ben Heap will retire as Chairman and as a Non-Executive Director, effective March 31 2023, and that David Foster, who joined the Board on December 15 2022 after receiving all necessary regulatory approvals, will become Chairman effective from that date. Mr Heap said: “The Board has evolved in…
Australia – AUSTRAC commences proceedings in the Federal Court against Star Entertainment
AUSTRAC has commenced civil penalty proceedings in the Federal Court against The Star Pty Limited and The Star Entertainment QLD Limited (the Star Entities) for alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. The civil penalty proceedings come after a proactive, industry wide AUSTRAC compliance campaign that began in…
Australia – Star Entertainment found unfit to operate in Queensland
Star Entertainment Group has been found unfit to operate casinos in Queensland by the state government in a report conducted by Robert Gotterson AO. It runs casinos on the Gold Coast and in Brisbane. It has already been ruled as unsuitable to hold its licence for the Star Sydney in New South Wales Queensland Attorney-General…
Australia – Inquiry concludes that Australia’s Star Entertainment is unfit to operate Sydney casino
New South Wales gaming regulators have described the conclusion to the inquiry into Star Entertainment as ‘frankly shocking’ and are now considering how to punish the operator with fines, an enforced temporary closure and stripping the operator if its licence completely, all being considered. Senior lawyer Adam Bell, who over saw the inquiry said Star…
Australia – Star forced to honour jackpot by Sydney court
A judge in Australia has forced Sydney’s Star Entertainment to pay out a A$285,000 jackpot to a disabled man who’d been assisted in winning the jackpot by a banned player. In addition to the $35,000 interest since winning the jackpot in 2019, the total paid to the platinum vantage VIP player was $320,000, after the…
Australia – Star Entertainment still not suitable to run casino in New South Wales
On the final day of NSW hearings into the Star Entertainment Group, the court heard that despite overhauling its leadership structure, the casino operator would still not be suitable to run a casino until it has addressed its culture and corrected its risk management failures. Naomi Sharp, SC, said: “The reality remains that this company…
Australia – Ongoing inquiry sees Matt Bekier step down as Star Entertainment’s CEO
The ongoing New South Wales inquiry into the suitability of The Star Sydney to keep its casino license has seen Matt Bekier relinquish his role as Star Entertainment Group’s Managing Director and CEO. The Australian casino group has been criticised recently for its failings in AML compliance with regards to junket operations. The Star said:…
Australia – The Star could face major boardroom overhaul like Crown as inquiry bites hard
An explosive start to the New South Wales’ inquiry into Australia’s Star Entertainment Group could see major board room changes take place as the company restructures in order to keep its licence. Centre for Public Integrity Director Geoffrey Watson SC believes a major overhaul akin to that seen at Crown Resorts after its inquiry last year. Shares in Star…
