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.
Star Sydney’s current and former executives are about to be hauled before Adam Bell,SC,for a second time in 18 months – and the stakes are high.
Crown breached its legal,social and moral obligations,resulting in illegal activities,tax avoidance,money laundering,criminal associations and significant harm to vulnerable community members. But it deserves to keep its licence.
The Victorian gambling regulator said on Tuesday that it was in the public interest for Crown to keep its Melbourne casino licence.
The once sleepy NSW casino regulator has transformed itself into a compliance head kicker,with its target,the financially battered Star,once again thrown into chaos.
Adam Bell,SC,who is conducting the inquiry,has deemed the next round of public hearings starting in mid-April to be “in the public interest”.
The casino group has confirmed its chief executive officer Robbie Cooke and chief financial officer Christina Katsibouba have both resigned.
The gambling giant’s result was announced one week late after it was blindsided by a surprise inquiry,which could mean its flagship Pyrmont casino may shut down.
Adverse findings from a new inquiry by the regulator could mean the end of The Star casino’s operations in Sydney. But would that be so bad?
A second inquiry is to be held into Sydney’s Star Casino. Surprisingly,unlike the first inquiry in 2022,the next round of hearings will not be open to the public.
The casino operator has indefinitely delayed the release of its half-yearly results after it was blindsided by the NSW regulator’s decision to launch a second probe into its operations.