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Queensland casinos face fines from OLGR for tempting players with unauthorized junkets
The Ville Casino in Townsville, north Queensland,
will face hefty fines
from the Office of Liquor and Gaming Regulations (OLGR), known as
Australia's liquor and gambling regulator, for allegedly
"using unapproved junkets to lure gamblers to its tables after a nine-month probe."
The investigation:
An action seeking civil penalties against the…
Casino Guru
Queensland beefing up casino laws
Queensland, Australia is about to undergo a deep change in its casino gambling laws in a bid to
regulate the industry better
and bring more transparency and accountability in the sector. The announcement comes at roughly the same time that the
New South Wales
government fined
The Star AU$100m ($63m)
and said that the company was not suitable to…
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Financial Review
Star Entertainment Star gambles on after Sydney casino licence suspended, $100m fine
The record penalty, the maximum under new NSW laws passed in August, and suspension of Star's Sydney licence by NSW Independent Casino Commission chairman Phillip Crawford on Monday come after Star was found unfit to run the Sydney casino after a
humiliating four-month inquiry
led by Adam Bell, SC.
The outcome echoes the Victorian government's…
Gambling News
NSW Gov to Trial Cashless Gaming Machines
The government of
New South Wales
launches a cashless gaming trial in the state to fight against money laundering practices and gambling-related risks.
Approximately
200 Wests Newcastle leagues club members
received access to the new cashless gaming technology on Saturday,
October 8, as part of the three-month trial, which will test the operation…
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Kalkine Media
Star Entertainment (ASX:SGR) unfit to hold casino licence in Queensland
The Star Entertainment Group Limited (ASX:SGR) mentioned in an announcement released on 6 October 2022 said that the Queensland Government has made public the final report related to the independent external review into the operations of The Star's casinos in Queensland. The inquiry was conducted by Robert Gotterson AO under section 91 of the…
The Sydney Morning Herald
Star Entertainment (ASX: SGR) roundly rebuked as casino future remains under cloud
Star Entertainment Group has been roundly rebuked by politicians, legal experts and analysts after a NSW inquiry found the casino giant unfit to hold a licence for its flagship casino in Sydney but came short of imposing penalties.
The NSW Independent Casino Commission (NICC) published
Adam Bell SC's report on Tuesday
which found The Star…
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Star Entertainment Unfit to Hold a Sydney Casino License
Following a widespread inquiry into its operations, Star Entertainment Group has been deemed to not be fit to hold a casino license in Sydney. The New South Wales (NSW) Independent Casino Commission (NICC) on Tuesday published the report from Adam Bell SC.
considering its options for disciplinary action in response to Bell's findings and…
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Reuters
'Frankly shocking': Inquiry says Star unfit to hold Sydney casino licence
SYDNEY, Sept 13 (Reuters) - Star Entertainment Group
(SGR.AX), Australia's second biggest casino operator, has been found unfit to hold a casino licence in Sydney after an inquiry into alleged breaches of anti-money laundering laws and criminal infiltration released its report.
Australia's New South Wales (NSW) state gambling regulator on Tuesday…
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Casino Guru
Queensland possibly to broaden investigation into more casinos
Two months have passed since
Queensland
confirmed that it is
opening a probe
into Star Entertainment's casinos in the state. The investigation launched last week with public hearings held on several occasions and some evidence about
suspicious practices
already surfacing from those hearings.
But now, the
state is facing mounting pressure from…
Casino Guru
Star casinos in Queensland allowed a suspicious gambler to carry on
The third day of hearings concluded on Thursday with revelations into
Star Entertainment Group's former practices
in relation to high roller customers piling on. Subject to
public scrutiny
at the request of the people overseeing the probe, yesterday's hearing highlighted a new issue with the Queensland casinos. The probe is looking into the
Group's…
The Sydney Morning Herald
Sydney casinos: High rollers still on the menu as Crown and Star lock horns
After a
decade of drama, Sydney finally has two casinos vying for its gambling dollar - separated by the barest sliver of a harbour.
Crown Resorts and Star Entertainment Group have been put through the regulatory ringer, many would say belatedly, for their shoddy approach to compliance. But suitably chastened, both are now ready to go toe-to-toe in…
Yogonet
Crown to open its Sydney casino in August for VIP-only visitors under conditonal license
After the
NSW Independent Liquor and Gaming Authority (ILGA)
approved
Crown
to operate its Sydney property last month,
Crown Sydney
has now announced it will open its doors in August to VIP visitors only.
The operator, which will be closely monitored by the ILGA in its activities, described its
new gaming facility as "intimate", featuring "two…
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European Gaming
Australian Tribe Lays Claim to Queensland Land, Plans Casino
An Australian indigenous tribe is laying claim to a prized area of land on Queensland's Gold Coast and is planning a resort that may potentially include a casino.
The Kombumerri-NgarangWal Saltwater People have filed a Native Title claim "reaffirming our legitimate rights to our land," local media reports.
The local elders who signed the title…
ABC Australian Broadcasting Corporation
Crown's Sydney casino to deliver $100m in extra tax revenue for NSW government in first year, experts say
Crown's Sydney casino is expected to deliver an extra $100 million in tax revenue to the NSW government in its first year, just a quarter of what its Melbourne venue delivers to Victoria's coffers.
Crown was granted a licence to run its Sydney casino earlier this week
Experts say the casino will make a quarter of what Crown Melbourne makes
Crown…
AGB - Asia Gaming Brief
Your Daily Asia Gaming eBrief: Laos regulating online gaming
Good Morning. Laos has taken the first steps in
regulating its online gambling industry, awarding a license to the Laos Offshore Gambling Authority, a private company that will oversee the business. The model is similar to the one adopted in the Philippines for Philippines Offshore Gaming Operators, or POGOs. Laos is lower cost and aims for a more…
ABC Australian Broadcasting Corporation
NSW gaming regulator finds Blackstone 'suitable' to hold licence for Sydney casino
Corporate equity giant Blackstone is a step closer to its takeover of Crown Resorts after gaming regulators in NSW and Victoria ruled it was "suitable" to hold a casino licence.
Blackstone is pursuing an $8.9 billion takeover of Crown Resorts
The equity giant has been subjected to an extensive probity assessment
Crown has been prevented from…
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Inquiry Finds Crown Perth Casino Unsuitable to Hold License
The Government of WA has accepted the royal commission's final report on Crown Perth, which declares the casino unfit to hold a gaming license. [Image: Shutterstock.com]
The Government of Western Australia (WA) has tabled the Perth Casino Royal Commission's final report, which has found Crown Perth unsuitable to hold the region's only gaming…
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Star Hid AU$900m in Gambling Transactions From Banks
The Star allegedly lied to banks and categorized AU$900m (US$660.5m) worth of gambling transactions as hotel expenses. [Image: Shutterstock.com]
The Star Entertainment Group allegedly hid AU$900m (US$660.5m) worth of Chinese gambling transactions from banks, an inquiry into the Australian casino company has heard. The operator disguised the money…
Golden Casino News
Crown Resorts approved to resume casino operation in Sydney
Crown Resorts may be on the verge of opening its
real-money casino
component of its $2.2 billion Crown Sydney Hotel Resort "in the next weeks," local media sites claim.
The property swung open its doors for the first time towards the end of 2020, but
casino
operations were suspended following an Independent Liquor & Gaming Authority investigation…
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The Star Sells Brisbane Treasury Hotel, Casino for AU$248m
Continuing its strategy to unlock the value of its real estate assets, Australia's The Star Entertainment has inked a US$185.9m sale and leaseback deal with Charter Hall for its Treasury Hotel and Casino in Brisbane (pictured above). [Image: Shutterstock.com]
Australian gambling operator The Star Entertainment Group has offloaded some of its…
Forbes
Billionaire James Packer’s Crown Keeps Melbourne Casino License As Regulator Oversees Reforms
Australian regulators are allowing
Crown Resorts
-controlled by billionaire
James Packer
-to keep its license to operate its flagship Melbourne casino under the supervision of a government-appointed special manager who will ensure reforms are undertaken to address money laundering risks at the casino.
While an independent
inquiry
by Victoria's…
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Aussie Casino Giant The Star's Shares Fall on Illegalities Claim
The cycle of negative news for Australian gambling firms shows no sign of letting up after casino giant The Star Entertainment's shares fell on the back of a money laundering claim.
Leading Australian online stockbroking firm CommSec took to Twitter on October 11 to share the news that The Star's shares had slumped by 22.9% on Monday:
The sharp…
Real Money
Australia's Largest Casino Company Loses Big With License Findings
Australia's largest gambling company, Crown Resorts, is facing a crisis of its own making after a damning report that finds it unfit to open its newest casino.
Crown has already opened the doors to the nice-and-shiny, 75-floor Crown Sydney skyscraper, which is now Sydney's tallest building. The hotel and restaurants are open for customers. But the…
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