In a surprising turn of events, the Star Entertainment Group has managed to keep its Sydney casino open despite facing yet another hefty fine for regulatory breaches. The company, which operates The Star Sydney casino in Pyrmont, has been under intense scrutiny in recent months following a series of scandals and infractions.
The latest fine, which amounts to a whopping $90,000, was imposed by the New South Wales Independent Liquor and Gaming Authority (ILGA) after an investigation revealed that The Star had failed to adequately monitor and prevent money laundering activities on its premises. This marks the third fine that the company has received in less than a year, bringing the total amount of penalties to $272,500.
Despite these setbacks, The Star has managed to avoid the ultimate punishment of having its casino license revoked. In a statement, ILGA Chair Philip Crawford acknowledged that the company had taken steps to address the issues raised in previous investigations, but emphasized that there was still room for improvement.
“We have seen some progress from The Star in implementing the necessary changes to enhance its compliance procedures, but there is still work to be done,” Crawford said. “The company must remain vigilant and continue to prioritize the safety and security of its patrons.”
The decision to keep the Sydney casino open has sparked controversy among critics who argue that The Star should face more severe consequences for its repeated violations. Some have called for a stricter regulatory framework to hold the company accountable for its actions and ensure that similar incidents do not occur in the future.
Despite the backlash, The Star remains confident that it can regain the public’s trust and maintain its status as a leading entertainment destination in Sydney. The company has pledged to work closely with ILGA and other relevant authorities to implement stronger compliance measures and prevent any further breaches.
In the meantime, customers can continue to enjoy the wide array of gaming options and amenities offered at The Star Sydney casino, including restaurants, bars, and live entertainment. With its doors remaining open for business, The Star is poised to bounce back from this latest setback and solidify its position as a premier leisure destination in Australia.