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The Latest Breaking News from Star Entertainment

Star unsuitable for casino after damning second probe

Star Entertainment is battling financial woes and uncertainty over the future of its Sydney licence after a fresh inquiry highlighted a litany of failures.

AAP

Star Entertainment Chairman Foster Steps Down Amid Management Exodus

Stay updated on Star Entertainment's management changes and leadership transition. Investors watch closely.

Top News

Star casino to keep jobs after NSW govt intervenes

Casino operator Star Entertainment will maintain 3000 jobs at its Sydney casino until at least 2030 following an agreement with the NSW government.

AAP

Embattled casino operator Star earns ban reprieve

Embattled casino operator Star Entertainment has earned a reprieve after the Queensland government threatened to suspend its state licences.

AAP

Adelaide's SkyCity casino is coming under increasing scrutiny — here's a look at why

South Australian authorities have ramped up monitoring of the state's only licensed casino, amid allegations of serious and systemic non-compliance with anti-money laundering and counter-terrorism financing laws, as Isabel Dayman explains.

ABC News

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Embattled casino group Star to sack 500 staff

Star Entertainment Group will let go of 500 staff and freeze the salaries of others amid a "significant and rapid deterioration in operating conditions".

The New Daily

Ukrainian orchestra’s key members refused visas to play in UK

Promoter claims ‘catastrophe’ has cost it more than £88k and accuses British government of hypocrisy

The Guardian - UK

Star Entertainment pleads guilty to fresh charges

Star Entertainment, operators of Brisbane's Treasury Casino and the Star Gold Coast, has pleaded guilty to seven fresh charges.

AAP

Gambling industry’s dozens of free event tickets to federal MPs raise fears of potential conflicts of interest

About 150 free tickets to sports, shows and hospitality have been given to politicians since the 2019 election, according to analysis

The Guardian - AU

Star raising $800m after $988m hit on Sydney casino

Star Entertainment is raising $800m at a deep discount as the casino company looks to bounce back from twin $100m fines and a possible big tax hike in NSW.

AAP

Star hit by casino slump, flags up to $1.6b writedown

Shares of casino operator Star Entertainment have slumped after it flagged an impairment charge of up to $1.6 billion.

AAP

SkyCity's Australian woes are sheeted home to NZ

Dirty money, literally and figuratively, is at the centre of a lawsuit focusing on SkyCity Adelaide, reports Andrew Bevin

Newsroom.co.nz

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AAP

Watchdog legal action on Star casino execs

Current and former Star Entertainment directors and executives are facing millions of dollars in fines for alleged failures of director duties.

Reuters

Australia regulator sues Star Entertainment executives

The Australian securities regulator on Tuesday started civil proceedings against 11 current and former directors of casino operator Star Entertainment Group Ltd for alleged shortcomings related to the risk of money laundering.

AAP

Star Qld hit with record $100m fine

The Queensland government has fined Star Entertainment a record $100 million and appointed a special manager to rehabilitate the casino operator.

AAP

Watchdog takes casino giant Star to court

A federal watchdog has started civil penalty proceedings against gambling giant Star for alleged failures to comply with anti-money laundering laws.

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AAP

Compliance, Crown weigh on Star's revenue

Star Entertainment says it faces a steep remediation bill even as revenue drops at its flagship Sydney casino.

The Conversation

Pubs and clubs – your friendly neighbourhood money-laundering service, thanks to 86,640 pokies

Billions of dollars in proceeds of crime are being funnelled through clubs and pubs in New South Wales, according to the NSW Crime Commission. Predictably, the industry is claiming it’s not an issue and solutions are too difficult.

The Conversation

Star Sydney suspension: how do casino operators found so unfit get to keep their licences?

How low does a casino operator in Australia have to go before it loses its gaming licence?

The Guardian - AU

NSW casino regulator defends decision not to revoke Star’s licence and instead issue $100m fine

The NSW Independent Casino Commission says taking away the licence would have meant thousands of employees out of work overnight

ABC News

Sydney news: Fears for NSW's Moama Indigenous community as Victoria flood threat intensifies

MORNING BRIEFING: Residents from an Indigenous community on the NSW-Victorian border are being evacuated as the flood threat intensifies.

ABC News

Star Casino set to be fined $100 million after damning report into its operations

The fine comes after Star Entertainment last month accepted the findings of the NSW Independent Casino Commission, which found it unsuitable to hold a licence for its Sydney casino.

ABC News

Star has been found unsuitable to run casinos in Queensland, but can it still run the Queen's Wharf project?

Star Entertainment is a 50 per cent backer of the casino, residential and entertainment precinct development in the heart of Brisbane, with a shadow now cast over the project.

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