Tag Archives: The Star Entertainment Group
- Loose casino regulations could spare The Star, Crown casinos from future license probe
August 18, 2017
Crown Resorts and The Star Entertainment Group may be spared further scrutiny in New South Wales (NSW) in the future should the government decide to abolish a mandatory five-yearly investigation of casino licenses. The Sydney Morning Herald reported that the NSW government is mulling changes to its present regulations to...
- James Packer-backed investment firm bets big on casino rival The Star
July 17, 2017
Casino mogul James Packer has successfully wormed his way back into Australian casino operator The Star Entertainment Group, signaling the end of a four-year-old rivalry. In a regulatory filing to the Australian Stock Exchange, The Star announced that investment company Ellerston Capital has increased its stake in the company to...
- Genting sells out of The Star; is Crown buying in?
July 14, 2017
Malaysian casino operator Genting has sold its stake in Australian casino operator The Star Entertainment Group, as rumors swirl that The Star is prepping some kind of union with local rival Crown Resorts. On Thursday, the Australian Financial Review reported that Genting had sold its 5.62% stake in The Star,...
- Australian casino high roller’s moldy millions spark police probe
May 23, 2017
A VIP gambler’s moldy millions are raising eyebrows in a case of suspected money laundering at an Australian casino. Last week, the Brisbane Supreme Court agreed to release a South Korean gambler on $200k bail after the court received a character reference from an officer in the South Korean military....
- China turns Crown Resorts staff arrests case over to prosecutor
May 3, 2017
Australian casino operator Crown Resorts is one step closer to learning the fate of its staffers who were detained in China last year for allegedly promoting illegal gambling activities. On Wednesday, the Australian Financial Review reported that Chinese authorities had officially finalized their investigation of the 18 Crown-affiliated staffers arrested...
- Star casino group entices ex-gambling regulator to their ward
March 27, 2017
Casino operator and ex-gambling regulators make strange bedfellows, but the owner of The Star Casino thinks hiring the former chief executive of the New South Wales Independent Liquor and Gaming Authority (ILGA) is good business. The Sydney Morning Herald reported that former NSW regulator Micheil Brodie is being wooed to...