Rotten Company

Star Sydney Casino Licence Suspended and Company Fined $100 Million After Bell Review

Company: The Star Entertainment Group Limited

Summary

In October 2022, the NSW Independent Casino Commission suspended The Star Sydney casino licence, imposed a A$100 million fine and appointed an external manager. The action followed the Bell Review, which examined whether The Star was suitable to hold a casino licence and whether it had complied with its legal obligations. The regulator concluded that The Star was not suitable to remain in control of its casino licence. The Commission said the company's board and executives had acknowledged the serious wrongdoing identified by the review. The licence suspension became effective on 21 October 2022, while a regulator-appointed manager took control of casino operations. Source: NSW Independent Casino Commission https://www.nicc.nsw.gov.au/news-and-media-releases/star-casino-licence-suspended Bell Review information https://www.nicc.nsw.gov.au/casino-regulation/2022-bell-review-of-star