Pubs billionaire Bruce Mathieson has increased his hold in The Star as an executive revealed Star Sydney’s safer-gambling teams were trained by reading a 15-page booklet.
A clear pattern is emerging from the Bell inquiry into Star Entertainment – that of a financially and culturally embattled company being managed by a chief executive desperately juggling too many problems.
When four machines malfunctioned on the gaming room floor at The Star casino and started spitting out free money,word travelled quickly.
The casino giant stares down licence suspensions in Queensland amid a second grilling in NSW,tied to tightly held reforms partially obtained by Brisbane Times.
The Star Entertainment Group released a swath of documents beyond deadline and after the former chief financial officer had alleged the business had tried to cook the books.
The management of Sydney’s Star casino continues to labour under the delusion it can treat the authority charged with regulating the industry with contempt.
Former chief financial officer Christina Katsibouba has made a series of allegations about the company’s failure to be transparent with investors and other executives regarding its financial position.
It is very difficult to imagine how the current board of Star will be able to mend its relationship with the regulator and navigate the path to restore its licence.
The Star’s special manager has accused the company of extensive compliance breaches including widespread falsification of welfare checks and a failure to stop casino customers from getting $3.2 million in company money.
Big spenders are steering clear of Star Entertainment Group’s three casinos,as the company’s former and current senior executives prepare to front another public inquiry.
The second inquiry into the culture at Star Entertainment Group will commence next Monday,with the fate of the casino group in balance for the second time in two months.