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The Star casino in Sydney.Credit: Dion Georgopoulos ASIC has accused them of not paying sufficient attention to the risks of money laundering and criminal association that have unravelled the ...
Star Entertainment Group's chief executive has pleaded with the QLD and NSW governments to give his company a tax break as the entire casino chain faces bankruptcy in the coming weeks.
Shares in Star rallied on Monday, after the casino operator confirmed it had received bids to buy out its stake in Brisbane's Queen's Wharf development, as it warned of "material uncertainty ...
The corporate watchdog has accused 10 former Star Entertainment board members and executives of being blind to the red flags that pointed to money laundering and illicit activities at its casino.
“We have a difficult road ahead and Star remains in an extremely challenging position,” Mr McCann said. The casino operator had a regulator-appointed manager designated to the company in 2022 ...
Star Entertainment’s Hong Kong investors are in Queensland to discuss the future of the casino giant’s new Brisbane precinct as chief executive Steve McCann attempts to save the business from ...
SYDNEY – Australia’s biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licences stretched out for centuries. The domestic market was home to the planet’s ...
Star Entertainment is on the verge of going broke ... Queen's Wharf development at a time when it's trying to regain its casino licences after multiple inquiries uncovered evidence of money ...
On Monday as it released its December cash flow report, Star warned there is “material uncertainty” it can continue operating. The Australian also revealed that the cash-strapped casino ...
Star Entertainment’s adviser has begun preparing its lender group for a potential voluntary administration, as the embattled casino operator runs out of solutions to solve a potentially terminal ...