Star Entertainment is potentially facing civil penalties that could add up to billions of dollars for hundreds of alleged breaches of federal anti-money laundering laws.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) lodged a case against the ASX-listed gambling giant in the Federal Court on Wednesday after wrapping up a joint probe with police and regulators in NSW and Queensland, which began in September 2019.
The case comes after Star was stripped of its casino licence and fined a record $100 million last month, following a royal commission-style inquiry.
