The NSW Independent Casino Commission says taking away the licence would have meant thousands of employees out of work overnight
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NSW’s casino regulator has defended his decision to allow Star Entertainment to keep its licence, despite finding it wasn’t fit to hold it due to breaches including facilitating money laundering by customers and allowing a junket operator linked to organised crime to bring in high-rolling gamblers.
The NSW Independent Casino Commission on Monday fined Star $100m and appointed a manager, Nick Weeks of Wexsted Advisors, to take control of the company’s Pyrmont casino for at least 90 days.
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Continue reading…The NSW Independent Casino Commission says taking away the licence would have meant thousands of employees out of work overnightGet our morning and afternoon news emails, free app or daily news podcastNSW’s casino regulator has defended his decision to allow Star Entertainment to keep its licence, despite finding it wasn’t fit to hold it due to breaches including facilitating money laundering by customers and allowing a junket operator linked to organised crime to bring in high-rolling gamblers.The NSW Independent Casino Commission on Monday fined Star $100m and appointed a manager, Nick Weeks of Wexsted Advisors, to take control of the company’s Pyrmont casino for at least 90 days.Sign up for our free morning newsletter and afternoon email to get your daily news roundup Continue reading…