Casino
August 22, 2022
The Star’s Shares Drop Despite the Reported Success in FY2022
The Star Entertainment has released its report which states that the company’s shares are in the red as they dropped by 0.86%. This development comes shortly after the company released its financial results for the 2022 fiscal year. Several Major Changes Took Place in FY2022 Several changes took place in FY2022, which may have caused […]
Casino
August 22, 2022
The Star to Pay $320K Jackpot to Gambler with Disability
The Star has lost a case in a Sydney court as the law sided with David Joe, a gambler with disability who asked a friend of his to help him operate gambling machines which led to a jackpot back on October 25, 2019. Since then, the casino had refused to pay out the $285,000 jackpot, […]
Casino
August 15, 2022
Star Entertainment to Lift Ban on Players Accused of Edge Sorting
In 2018, leading Australian integrated resort company Star Entertainment decided to ban two of its players from all properties. The reason was an alleged case of cheating via the edge sorting method. According to an Australian judge, the casino operator now has to lift its imposed ban on Mark Timothy Grant and Nathan Trent Anderson. […]
Industry
August 15, 2022
The Star Officially Appoints David Foster and Anne Ward as New NEDs
The Star Entertainment Group has appointed David Foster and Anne Ward as non-executive directors. In doing so, the company’s board of directors number has increased to seven and the new appointments are subject to regulatory approvals. This Is Ward’s Second High-End Appointment in 2022 Before being appointed as a non-executive director at The Star, Ward […]
Casino
August 10, 2022
Star Hires Allen & Overy to Monitor Renewal Process
Star Entertainment Group, an Australian gambling company, has hired the services of Allen & Overy Consulting, an independent consultancy. The latter will be responsible for overseeing Star’s renewal program. Star Wants to Make Things Right Star Entertainment Group was recently involved in controversy as Australian regulators found the company guilty of breaching certain regulations. As […]
Casino
July 29, 2022
The Star Entertainment Group Revenues Recovered in FY2022
The Star Entertainment Group filed with the Australian Securities Exchange (AUS) today a trading update on its expected revenue in the fiscal year 2022, balance sheet position and early fiscal year 2023 performance. FY2022 Unaudited Results For the 12 months ended June 30, 2022, The Star Entertainment Group expects normalized revenue of AU$1.53 billion ($1.06 […]
Casino
July 26, 2022
Australia: Court Dismisses Case against The Star Sydney
A woman banned from The Star Sydney tried to challenge the decision in court. The banned gambler also sought to win back AU$950,000 ($659,600) which she lost at the casino but according to a new report, her legal claim was dismissed. Banned Gambler Tries to Win Back Money, Files Court Case A new report released […]
Business
July 20, 2022
Star Entertainment Appoints New CEO of The Star Sydney
Commonwealth Bank of Australia Executive Scott Wharton is joining Star Entertainment Group taking up two prominent positions within the company – CEO of the company’s casino The Star Sydney and Group Head of Transformation. Wharton’s Strong Background and Experience The announcement of Wharton’s appointment follows another important shift in the company’s top executive team with […]
Casino
July 14, 2022
Queensland Casino Probe to Get Underway on August 23
Queensland is finally launching an investigation into Star Entertainment Group with the state looking into potential links between the issues the company faced at its Sydney property and its operations in the jurisdiction. The probe is led by justice Robert Gotterson. Details about the process were provided by assisting council Jonathan Horton QC who has […]
Casino
June 30, 2022
Queensland Inquiry into Star to Focus on Money Laundering
The three-month review into Star Entertainment in Queensland is set to investigate numerous issues, including money laundering allegations and claims that Star Sydney banned players have been lured to gamble in the company’s casinos in Queensland. Powers of a Royal Commission The Queensland government announced earlier in the month that it would launch an inquiry […]