Published 2 years ago

The Star's Sydney casino licence to be suspended

Summary by Ground News

The ASX 200 was down 101 points, or 1.5 per cent, to 6,658 at 10:25am AEDT. All sectors are in the red, with energy and mining stocks leading the losses. Adbri plunged 16 per cent on news that its chief executive, Nick Miller, will leave the company.Costa Group shed more than 15 per cent after reporting that earnings in its citrus category will be considerably lower than previously forecast.

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Sydney Morning Herald

The Star's Sydney casino licence to be suspended

The Star's Sydney casino licence will be suspended from 9am this Friday and the gaming giant will be fined $100 million after damning report into its operations.

2 years ago·Sydney, Australia

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ABC Australia

ASX falls as miners, energy stocks drag; Star casino in trading halt; Adbri plunges as boss departs

Australian shares fall, dragged down by mining and energy stocks on weaker iron ore and oil prices, while persistent fears of a possible worldwide recession weighed on investor sentiment.

2 years ago·Australia

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News

Why suspended casino will remain open

A casino will still be able to operate despite being fined $100m and having its licence suspended following a damning report.

2 years ago

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7NEWS Australia

Sydney’s Star casino hit with record fine and licence suspension

The Star was found unfit to hold a casino licence by an inquiry that identified myriad problems - including money laundering.

2 years ago·Australia

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9News

The Star fined $100 million, has NSW licence suspended

The Star Casino in Sydney is set to face a $100 million fine for its failure to stop criminal activity within its walls.The penalty is a response to a damning report into operations at the gaming hub, the Sydney Morning Herald has reported.The report found the Star failed to stop the operation of criminal activity on its premises, despite knowing it was ongoing.READ MORE:ADF choppers to be sent in to help with Victorian evacuationsSome of the …

2 years ago·Australia

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