Casino
May 16, 2022
Two More Star Executives Confirm Plans to Step Down
Star Entertainment is still facing an extensive inquiry into what has been dubbed dubious practices by regulators and the government. The commission looking into numerous breaches of trust has now cost two more higher-ups their positions with the company’s Board of Directors, with both stepping down from the Australian casino giant. Executive Musical Chairs Non-executive […]
Legal
May 13, 2022
Star Needs Board Changes, Pitkin Plans to Leave
One of Star Entertainment’s directors believes that changes to its board are needed to fix the company and regain public and shareholder trust. She announced her plans to resign from her position. Pitkin Shared What She Knows The investigation of Star Entertainment continues. An inquiry of Star’s business revealed many shortcomings when it comes to […]
Legal
May 12, 2022
Star Entertainment’s Director May Have Misled Shareholders
The investigation of the Australian gambling company Star Entertainment continues. The operator was accused of being linked to organized crime and may have also lied to shareholders, finds show. Heap Might Have Misled the Shareholders Currently, the NSW Independent Liquor and Gaming Authority is reviewing whether Star is suitable to hold a license. Adding to […]
Casino
May 9, 2022
Star Entertainment Cuts Rebates to Avoid Complications with Review
Last week ended with Star Entertainment Group seeing off three more executives in the faces of CFO Harry Theodore, chief casino officer for New South Wales, Greg Hawkins, and chief legal officer and company secretary Paula Martin. The news of their departure was confirmed on Friday. The departure of more executives is not all Star […]
Legal
May 6, 2022
Star Entertainment Executives Jump Ship Amid Inquiry
The ongoing inquiry of Star Entertainment Group has led to several more leadership members resigning from their positions. Right now, the Australian gambling company risks losing its license in New South Wales because it breached the state’s regulations concerning money laundering. Three More People Leave Star Entertainment The investigations have led to the resignations of […]
Legal
May 5, 2022
Former Star Entertainment VP Ran Away with Almost $10M of Stolen Money
The inquiry of Star Entertainment’s controversial dealings with fraudulent Chinese junket operators continues with new reveals. According to the latest information, Simon Kim, Star Entertainment’s senior VP of international market stole $9.7 million (in US dollars) in 2020. Simon Kim Stole Almost $10M The happening dates to two years ago but was never reported to […]
Casino
May 2, 2022
NSW Inquiry: Former Star CEO Bekier Conceded VIP Failures
A New South Wales (NSW) inquiry into Star Entertainment’s suitability to hold a casino license was told by the company’s former CEO Matt Bekier that he felt let down by senior management. Unmitigated Risk of Money Laundering The royal commission-style inquiry led by Adam Bell SC was prompted by information that Star Entertainment has been […]
Casino
April 29, 2022
NSW Star Group CEO Grilled During State Inquiry
The Star Entertainment Group is facing even more serious regulatory challenges as the New South Wales inquiry continues to delve into its questionable practices and has discovered fresh evidence that the Group has overlooked an important part of its duties. According to the Australian Financial Review, The Star Entertainment Group helped high roller cash out […]
Casino
April 27, 2022
Star Sydney Inquiry Digs into Executive with Ties to Michael Gu
The Tuesday inquiry into The Star Sydney brought fresh allegations to the fore, including accusations that a high-ranking company employee knowingly allowed Michael Gu, an international fugitive, to feed his gambling habit at the casino even though his finances were patchy and his company iProsperity went belly up in 2020, with $352 million in debt. […]
Legal
April 11, 2022
NSW Gaming Regulator under Fire for Lack of Effectiveness in Its Work
The Star Entertainment has been under a lot of scrutiny recently and now, the NSW gaming regulator is in the criticism surrounding the operator. Inquiries have found out that the regulator has only fined The Star a couple of times and the total cost of these fines was not bigger than $200,000 since 2016. Just […]