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Jack Gramenz and Farid Farid

Star's Sydney licence suspended - $100m fine

Philip Crawford Robbie Cooke Entertainment New South Wales

The NSW casino regulator has taken the unprecedented step of suspending Star Entertainment's Sydney casino licence as well as slapping a record $100 million fine on the embattled company.

NSW Independent Casino Commission (NICC) chief commissioner Philip Crawford announced the hefty penalty, saying the Pyrmont venue could continue to trade under a licence held by a manager.

"We've decided to impose a fine of $100 million on The Star and secondly, to suspend The Star's casino licence," he told reporters on Monday.

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