Star ‘not suitable’ for casino licence

A period of “deep reflection” is needed at Star Entertainment before the gaming giant is fit to hold a casino licence, an inquiry into its Sydney casino has been told.

The NSW gaming regulator inquiry has examined claims the ASX-listed company enabled suspected money laundering, organised crime, fraud and foreign interference at The Star Sydney as part of assessing its fitness to hold a casino licence.

The 36 day inquiry was told notorious junket Suncity operated an illegal cage at the casino, that the venue flouted rules on China Union Pay debit cards on which $900 million was transacted,
and that Star staff lied to banks and did not do enough in dealings with regulators.

There was evidence that Star worked covertly to stop the public hearings taking place.

“We submit that the evidence in the public hearing establishes that The Star is not suitable to hold the casino licence and that its close associate Star Entertainment is not suitable either,” counsel assisting Naomi Sharp SC said in closing submissions on Tuesday.

Source: https://www.bluemountainsgazette.com.au/story/7760103/star-not-suitable-for-casino-licence/?cs=9676