Legal
May 13, 2022
Star Needs Board Changes, Pitkin Plans to Leave
One of Star Entertainment’s directors believes that changes to its board are needed to fix the company and regain public and shareholder trust. She announced her plans to resign from her position. Pitkin Shared What She Knows The investigation of Star Entertainment continues. An inquiry of Star’s business revealed many shortcomings when it comes to […]
Legal
May 12, 2022
Star Entertainment’s Director May Have Misled Shareholders
The investigation of the Australian gambling company Star Entertainment continues. The operator was accused of being linked to organized crime and may have also lied to shareholders, finds show. Heap Might Have Misled the Shareholders Currently, the NSW Independent Liquor and Gaming Authority is reviewing whether Star is suitable to hold a license. Adding to […]
Casino
May 9, 2022
Star Entertainment Cuts Rebates to Avoid Complications with Review
Last week ended with Star Entertainment Group seeing off three more executives in the faces of CFO Harry Theodore, chief casino officer for New South Wales, Greg Hawkins, and chief legal officer and company secretary Paula Martin. The news of their departure was confirmed on Friday. The departure of more executives is not all Star […]
Legal
May 6, 2022
Star Entertainment Executives Jump Ship Amid Inquiry
The ongoing inquiry of Star Entertainment Group has led to several more leadership members resigning from their positions. Right now, the Australian gambling company risks losing its license in New South Wales because it breached the state’s regulations concerning money laundering. Three More People Leave Star Entertainment The investigations have led to the resignations of […]
Legal
May 5, 2022
Former Star Entertainment VP Ran Away with Almost $10M of Stolen Money
The inquiry of Star Entertainment’s controversial dealings with fraudulent Chinese junket operators continues with new reveals. According to the latest information, Simon Kim, Star Entertainment’s senior VP of international market stole $9.7 million (in US dollars) in 2020. Simon Kim Stole Almost $10M The happening dates to two years ago but was never reported to […]
Casino
April 29, 2022
NSW Star Group CEO Grilled During State Inquiry
The Star Entertainment Group is facing even more serious regulatory challenges as the New South Wales inquiry continues to delve into its questionable practices and has discovered fresh evidence that the Group has overlooked an important part of its duties. According to the Australian Financial Review, The Star Entertainment Group helped high roller cash out […]
Industry
April 1, 2022
Star Entertainment Took $1.3B from Xiangmo, a Dangerous Chinese Billionaire
Star Entertainment continues getting into trouble. The company is currently being reviewed after it was accused of being involved in money laundering, foreign interference, crime, and fraud. According to a recent finding, Star allowed a Chinese billionaire to deposit billions without checking his source of income. Star Entertainment’s Closeness with Xiangmo Is Concerning Huang Xiangmo […]
Casino
April 1, 2022
Star Entertainment Sees John O’Neill Take over CEO for Now
Star Entertainment, an Australian gambling and entertainment company, is undergoing major changes to its leadership team. The company will see a revamp of its board of directors. Analysts Critiqued O’Neill’s Increased Salary Following the leave of ex-CEO Matt Bekier, John O’Neill, a former rugby star and chairman of Star, stepped in the shoes of a […]
Casino
March 30, 2022
Star Faces Another Class-Action Suit from ‘Misled’ Investors
Amid an ongoing probe into Star Entertainment’s suitability to hold a license, the company is now facing another issue – a class-action lawsuit filed on behalf of investors who feel they have been misled by the company. Star Investors Take the Fight to the Giant The public hearings into Star Entertainment revealed a number of […]
Casino
March 28, 2022
The Star Entertainment’s CEO Hands His Resignation, Effective Immediately
Star Entertainment’s trouble does not seem to fade away. Recently after the company was put in the spotlight for AML breaches, the company’s CEO, Matt Bekier, said on Monday that he will be tendering his resignation as he felt obliged to take responsibility for the current discrepancies. Bekier’s Resignation Is Effective Immediately Bekier’s resignation follows […]
