Legal
March 20, 2023
The Star Confesses Sale of Gambling Chips with Credit Cards
A probe into Star Entertainment’s operations last year uncovered deficiencies and alleged ties to criminal activities such as money laundering. The investigation, led by Adam Bell SC, which became popular as the Bell Review, sought to determine the eligibility of The Star to hold a license. In light of this, the NSW Independent Casino Control […]
Legal
November 30, 2022
AUSTRAC Opens Civil Penalty Proceedings against Star Entertainment
The Star does not seem to catch a break as AUTRAC, Australia’s financial crimes authority, has launched civil penalty proceedings against the Group and its entities. The proceedings were brought up with a federal court and they are targeting Star Entertainment Group and its subsidiaries, The Star Pty Limited and The Star Entertainment QLD Limited. […]
Business
October 13, 2022
Robert Cooke Takes Over His New Role as Star Entertainment CEO and MD
On October 17, Robert Cooke, The Star Entertainment Group’s new CEO and managing director is getting his hands on fixing the mess the troubled casino operator has been in for the past year. Robert Cooke Takes Over his CEO and MD Role at Star Entertainment Robert Cooke was appointed as the new CEO and managing […]
Casino
August 22, 2022
The Star’s Shares Drop Despite the Reported Success in FY2022
The Star Entertainment has released its report which states that the company’s shares are in the red as they dropped by 0.86%. This development comes shortly after the company released its financial results for the 2022 fiscal year. Several Major Changes Took Place in FY2022 Several changes took place in FY2022, which may have caused […]
Casino
May 2, 2022
NSW Inquiry: Former Star CEO Bekier Conceded VIP Failures
A New South Wales (NSW) inquiry into Star Entertainment’s suitability to hold a casino license was told by the company’s former CEO Matt Bekier that he felt let down by senior management. Unmitigated Risk of Money Laundering The royal commission-style inquiry led by Adam Bell SC was prompted by information that Star Entertainment has been […]
Casino
March 31, 2022
Senior Government Minister Questions Future of Casinos in NSW
Cities and Infrastructure minister of New South Wales Rob Stokes has questioned the future of the casino industry in Sydney and Australia following the damaging revelations of criminal practices, including money laundering, and collaborating with Asian junket operators despite advice not to, by investigators into Crown Resorts and Star Entertainment Group. Casino Shortcomings Bring into […]
