Monday, October 17, 2022

Star's Sydney casino licence to be suspended this week in wake of damning inquiry

 The Star’s licence to operate its Sydney casino will be suspended from Friday and the group will be fined an unprecedented $100 million, the NSW Independent Casino Commission (NICC) has announced.

In response to a damning inquiry into the casino's operations that heard allegations of money laundering, fraud and criminal activity, a manager will also be installed to oversee the business.

This means The Star casino will be able to continue trading under the manager’s licence for at least 90 days, but the NICC chief commissioner, Philip Crawford, said it could take longer to restore the casino to "suitability".

Read More: https://www.abc.net.au/news/2022-10-17/star-sydney-casino-licenced-suspended-on-friday/101541718



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