Star Entertainment's License Turmoil: Inquiry Exposes Culture Flaws and Deceptive Practices
April 24, 2024The Star Entertainment Group is under investigation to determine if it can regain its NSW casino license.
Executive chair David Foster acknowledges the company is not prepared to have its license reinstated at this time.
Inquiry discussions have included text messages about removing a special manager and possibly suing him and the regulator.
Allegations against the company include lack of financial transparency, falsifying player welfare checks, and misrepresenting financial losses.
Foster has discussed his role in the former CEO's exit and his communications with staff.
Star Entertainment's financial stability is in question due to revenue declines from compliance efforts and potential costs from fines and remediation.
The ongoing inquiry aims to ascertain Star Entertainment's eligibility to operate its casino again.
Summary based on 3 sources
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Sources
The Sydney Morning Herald • Apr 23, 2024
Financially crippled Star gets salt rubbed into its woundsThe Sydney Morning Herald • Apr 23, 2024
The Star not ready for unsupervised casino licence, chair saysThe Age • Apr 23, 2024
The Star not ready for unsupervised casino licence, chair says