Gaming

Star Casino and United Workers Union Against the Tax Increase

The workers in Sydney’s Star casino are worried about their future – and with a reason. Since gaming taxes will be increased in July, many of them will lose their jobs. That’s why the Union decided to schedule a meeting with Daniel Mookhey, an NSW Treasurer, to discuss further steps.  Are the jobs jeopardized: Dario Mujkic, the Director of the

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Gaming

Star Entertainment Group Accused of Violation of Queensland Casino Laws

Star Entertainment Group finally pleaded guilty to the breaches they had been accused of. There were seven different charges, and the company has been accused of allowing patrons to use credit cards in its casinos at Brisbane’s Treasury Casino and the Star Gold Coast.  The law violation: Shannon Fentiman, Attorney-General at Queensland, commented on these accusations, saying that according to

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Gaming

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Star Entertainment Group, one of Australia’s leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US dollars, to pay back its debt and will suspend dividend payments. The debt arose as the company posted a record statutory net loss for the first half of the year ended

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Gaming

Star Entertainment Group Warned to Pay up A$1.6 billion

Star Entertainment Group, a famous casino from Australia, must pay A$1.6 billion, or US$1.11 billion. The casino was warned on Monday, and the charge refers to New South Wales’ first-half revenue from a casino duty hike. The company’s shares fell over 22%, making it the lowest-ever revenue of Star Entertainment Group. An expected tax reform: The impact of proposed tax

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Gaming

Cashless Gaming heads to Australia

Sydney’s largest casino has supported the Premier’s efforts to change the 95,000 poker machines that belong to the state. Dominic Perrottet’s efforts will lead to the chance for cashless technology. It also leads to an urge for the NSW pubs and clubs to accept the change. The debate that changes gambling world: The debate over the reform was pretty interesting:

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Gaming

NSW Government to reform casino tax arrangements

The New South Wales Government has announced the reformation of casino tax arrangements to help fund vital state services. The Government has proposed increased tax rates on casino earnings from gaming tables and poker machines. The increased rates are anticipated to become effective as of 1 July 2023 to generate an additional $364 million in tax revenues in the State

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Gaming

ASIC launches civil proceedings against Star Entertainment’s 11 casino executives and directors

Australia‘s corporate regulator has commenced legal action against current and former directors and officials of casino operator Star Entertainment Group Ltd.  The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it launched civil proceedings in the Federal Court against eleven people linked to the company for poor management of money-laundering risks. Breach allegations: The claims of the Australian

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Gaming

Star Entertainment Fined $67.92m, Could Forfeit Casino Licenses

Star Entertainment fined again The Queensland government fined Australia’s Star Entertainment Group AU$100m ($67.92m) after an investigation revealed breaches in compliance standards. major failings by the Star group and its entities” Responses to a show cause notice last month revealed “major failings by the Star group and its entities,” according to a statement released by the Queensland government. The fine

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Gaming

Star Entertainment Group Fined for the Second Time

Star Casino Entertainment Group, the company from Australia, has been fined a second time over the course of two months.   Two months ago, the Queensland state government punished Star Casino for its breach of laws.  The company is obliged to pay a fine of AU $100 million for the second time.  What does this mean for the company:  Shannon Fentiman,

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