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Business
September 3, 2024
ASX Suspends Star Entertainment over Missed Report Deadline
The Star Entertainment Group announced that it has been suspended from the ASX, Australia’s primary stock exchange. The suspension was enforced due to a missed deadline, according to an official ASX filing. The ASX Suspends The Star Entertainment The announcement was made on September 2 as The Star Entertainment was suspended from the ASX due […]
Casino
August 30, 2024
Star Entertainment Found Unfit to Hold a License amidst Regulatory Scrutiny
Star Entertainment Group Ltd., one of Australia’s most prominent casino operators, faces an uncertain future after an inquiry found it unfit to hold a casino license in Sydney. A comprehensive and damning report by lawyer Adam Bell revealed significant problems like dysfunctional leadership, ethical failings, and toxic corporate culture. These issues remain deeply entrenched, making […]
Casino
August 22, 2024
The Star to Close Treasury Brisbane ahead of Queens Wharf’s Opening
The Star Entertainment Group Limited announced the closure of its Treasury Brisbane Casino property ahead of the launch of its new property in Brisbane. Treasury Brisbane Casino to Close As The Star prepares to open its Queens Wharf Brisbane property, it has been advised by the Office of Liquor and Gaming Regulations to cease the […]
Business
July 15, 2024
The Star Makes C-Suite Appointments, Reports Systems Disruption
Australian casino and hospitality leader The Star Entertainment Group announced new appointments to its C-suite. In an ASX update, the gambling company announced that it has appointed an interim group chief financial officer, as well as a new chief executive officer of it’s the Star Sydney property. As per the announcement, Neale O’Connell will now […]
Industry
June 13, 2024
Man Attempts to Blackmail the Star, Faces Permanent Injunction Order
An unsuccessful job applicant at the Star Entertainment’s Sydney Casino attempted to blackmail the leading operator earlier this year, a newly released report suggests. The blackmail attempt resulted in immediate legal action filed by the gambling operator that sought to protect customer data which the applicant threatened to release to the public. The case involves […]
Industry
May 23, 2024
Star’s Suitability for Sydney Casino License in Doubt
One of the largest gambling and entertainment operators in Australia, Star Entertainment, remains subject to regulatory scrutiny, amid the ongoing second investigation in New South Wales (NSW) into its operations. The inquiry is led by Adam Bell SC and seeks to determine whether the operator is suitable to hold a license for its Sydney casino. […]
Casino
May 21, 2024
Hard Rock Denies Bid for The Star Amid Acquisition Rumors
US hospitality giant Hard Rock International has denied rumors that it is planning to make a bid for the Australian casino giant The Star Entertainment Group. The speculations ran wild after some reports that a consortium of parties including Hard Rock’s Pacific branch had supposedly expressed interest in the embattled Australian company. Hard Rock International […]
Business
May 20, 2024
Hard Rock Eyes Acquisition of Star Entertainment
Star Entertainment, one of the largest gambling operators in Australia, was tangled into a prolonged investigation over alleged breaches related to anti-money laundering rules, among other issues. Amid the regulatory hurdle, the operator remains subject to scrutiny. Government-appointed managers seek to ensure compliance of the operator’s casinos, while back in March, the company announced leadership […]
Casino
May 3, 2024
Queensland Says CTFE Is Suitable to Be Associated with Star Entertainment
The Queensland government has determined that Chow Tai Fook Enterprises (CTFE) is suitable to be associated with Star Entertainment Group’s Queen’s Wharf Brisbane property. The investigation into the matter came in the wake of Star Entertainment’s violations and apparent ties with Asian junket operators. For context, Star Entertainment was previously found guilty of multiple AML […]
Casino
April 29, 2024
Disarray in Star Entertainment Ranks Continues with Chairman’s Departure
Facing regulatory action in the Down Under, Star Entertainment has confirmed that another high-ranking executive in the face of chairman David Foster has stepped down after less than a year on the job. Another One Bids Adieu to Star Entertainment in Time of Need He adds to the droves of executives who have exited Star […]