/ 01 June 2022

Another Star falls

Image source: The Star
Image source: The Star

Star Entertainment Group is “not suitable” to hold a licence for its Sydney casino, the NSW gaming regulator’s public inquiry into the company’s conduct heard yesterday. The inquiry began in March following allegations the company enabled money laundering, criminal infiltration and corporate coverup at its casinos in Sydney. Since then, boss Matt Bekier, chairman John O’Neill, and several top executives at Star have resigned – and there could be more to come. Counsel assisting the inquiry Naomi Sharp SC yesterday questioned whether the resignations would fix underlying cultural issues. The outcome of the inquiry is due to be released by the end of the month. And speaking of casino woes, Victoria’s new gaming regulator yesterday slapped Crown Resorts with a record $80 million fine for a scam involving Chinese bank cards at its Melbourne casino between 2012 and 2016. Neither casino operator is on a winning streak…

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