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The suspension of Star's NSW casino licence has been extended for a further six months, as the company works to stabilise its finances.
On questioning by a judge, Star's former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.
During trial on Monday, ASIC also accused Star's former top lawyer of giving false evidence about alleged cash for chip transactions in junket operator Suncity’s VIP room.
The Star's former CEO has told a court he thought a general counsel was “painting very dramatic pictures” when he voiced concerns about cash transactions in junket operator Suncity’s VIP room.
Cable television provider Foxtel has been pulled up by the media regulator for displaying a gambling advertisement during an AFL match without attaching a responsible gambling notice.
Construction PRO
Struggling casino operator The Star is in talks with investment manager Salter Brothers on a potential $940 million refinancing of all of its debt.
A judge has questioned the former CEO of Star about a report that contained “startling” information about the casino’s significant junket operator Suncity that linked it to organised crime.
A judge hearing two enforcement cases by regulators against embattled casino operator Star Entertainment has flagged the potential appearance of bias if he continues to preside over both proceedings.
Facing a grilling at trial in ASIC's money laundering case, Star's former boss has been accused of giving a false account of a conversation he had with the casino operator's head of due diligence.
A judge has imposed penalties against Star's former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.