Casino
March 11, 2022
ILGA of NSW Sets Public Hearing Date over Star Sydney Alleged Offenses
The Independent Liquor & Gaming Authority of New South Wales, Australia confirmed that a public hearing in The Star Sydney’s conduct will commence on Thursday, March 17. The goal of these hearings will be to determine whether the casino meets the industry standards and thus, hold a license. The Review Will Investigate the Casino’s Recent […]
Casino
February 7, 2022
Star Entertainment Set to Pay $9.2M to Current and Former Employees
The Australian casino gaming giant, Star Entertainment Group, is set to pay over $9.2 million (AU$13 million) to former and current staff after it was uncovered that in a six-year period, the company underpaid its employees as it did not provide them with adequate rewards on bonus elements such as penalty rates and overtime. Star […]
Industry
January 14, 2022
AUSTRAC Expands Star Sydney Probe to Gold Coast and Brisbane Casinos
Investigation into Star Entertainment is widening after the Australian Securities Exchange (ASX)– listed company revealed the Australian Transaction Report and Analysis Centre (AUSTRAC) informed the company not only Star Syndey is under scrutiny. Widening the Scope of Investigation The probe launched by AUSTRAC into Star Sydney dealings in June last year is looking for any […]
Business
October 28, 2021
Star Entertainment Signs Leaseback Deal for Treasury Casino
Star Entertainment has entered a new sale-leaseback deal that mirrors one it recently launched for The Star Sydney. The latest involves the Treasury Casino and Treasury Hotel in Brisbane, which comes as the casino operator prepares to launch its new Queen’s Wharf property in a couple of years. Star Entertainment Reshaping Operations Star announced recently […]
Business
October 20, 2021
Huddle Names Ex Stars Compliance Manager Zeljka Perkovic VP Compliance
Former compliance executive at Stars Group Zeljka Perkovic was hired by the tech company Huddle. Perkovic brings more than 10 years of experience within the industry and joins a continuously growing team of leading professionals at Huddle. Huddle Picks Zeljka Perkovic as VP Compliance Huddle, the iGaming technology provider, announced on Tuesday that it hired […]
Legal
October 19, 2021
Star Entertainment Facing Class Action Lawsuits
Law firms Maurice Blackburn and Slater and Gordon announced they are preparing to launch class action lawsuits against The Star Entertainment Group following revelations that the casino operator’s board of directors ignored serious operational risk warnings. Star Stock Plummets Both law firms are preparing to launch class-action lawsuits on behalf of Star’s investors, who saw […]
Casino
October 12, 2021
Star Entertainment Considering Sale-Leaseback of Star Sydney
Star Entertainment might be looking to make a deal for its Star Sydney casino. Sale-leaseback arrangements have become hugely popular in the casino industry around the globe, and the Australian casino operator is reportedly considering a deal that would make investment management firm Blackstone very happy. It doesn’t, however, sit very well with Star’s investors. […]
Legal
September 22, 2021
Flutter Ends a Decade-long Legal Battle with Kentucky
A decade-long battle between the Stars Group, before its acquisition by Flutter, with the Commonwealth of Kentucky ended today. Flutter agreed to pay Kentucky $200 million in addition to a previously forfeited $100 million. The legal dispute dates back a decade when PokerStars allegedly offered online poker in Kentucky which was at odds with UIGEA. […]
Legal
July 26, 2021
Former Baccarat Dealer at Star Sydney Gets 2 Years in Prison over Betting Scam
After participating in a gambling scam last year, a former Star Sydney employee was sentenced to two years’ imprisonment. The baccarat dealer, together with two accomplices, cheated the property out of $368,000 in 2020. Former Baccarat Dealer at the Star Sydney Involved in a Betting Scam A former baccarat dealer, previously employed by the Star […]
Casino
July 23, 2021
Star Entertainment Shies Away from Crown Resorts Takeover
Star Entertainment is no longer entertaining the idea of a Crown Resorts takeover. On paper dubbed a merger, any action by Star to integrate Crown’s operations into its own would have put the latter’s brass on notice that their days were numbered. However, seeing that Crown continues to face more scrutiny across Australia and may […]