NSW casino regulator suspends The Star license
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NSW casino regulator suspends The Star license. The regulator fined TheStar AU$100m ($62.37m) and suspended the company's license, and appointed a manager to oversee day-to-day operations and the longer strategic path to recovery.
The Star is suspended from the license. The new manager will take over on Friday, 21. NICC is optimistic that The Star can still make reforms. The company is tied to hundreds of jobs in NSW. Nicholas Weeks will be the manager. He will have to guide TheStar towards sustainability. Robbie Cooke will become the new CEO. They will work together to make sure that the company stays on the right path. It is the main priority of the NICc. to steer the business towards full recovery and sustainability, as it is also tied with jobs.
