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‘Unsuitable’: Huge blow to Star Entertainment casinos

Star Entertainment has been dealt a massive blow to its operations in Queensland following a bombshell report.

Qld Star Casino’s licence is looking uncertain

Star Entertainment has been deemed “unsuitable” to hold casino licences in Queensland following the explosive findings of an independent report.

The expert review led by Robert Gotterson made 12 recommendations to enhance integrity, minimise potential for harm, ensure probity and restore public confidence in the operations of Queensland casinos.

Attorney-General Shannon Fentiman said the state government supported in principle all of the recommendations.

“Considering the serious and concerning findings of the Gotterson Review and his advice regarding suitability, I have formed the view that The Star is unsuitable to hold a licence in Queensland,” she said.

The expert review led by Robert Gotterson made 12 recommendations.
The expert review led by Robert Gotterson made 12 recommendations.

“In accordance with the legislation, once a formal determination of unsuitability is made, The Star will be given the opportunity to respond to that finding through a show cause process.”

Remedial action will be available to the government, including fines, suspending or cancelling licenses, and appointing a special manager like Victoria.

The review was instigated in June to examine serious issues with the operation and governance arrangements of the Star Group.

The review was instigated in June to examine serious issues with the operation and governance arrangements of the Star Group.
The review was instigated in June to examine serious issues with the operation and governance arrangements of the Star Group.

MAJOR FAILINGS AND CONCERNS:

  • Effort to characterise China UnionPay transactions as related to hotels when the primary use was gambling;
  • Although The Star has ceased all junket operations, there will be temptation to resume;
  • Legislation should be clarified to oblige the casino operator to make suitability enquiries of players before entering into agreements for premium junket arrangements;
  • The Star encouraged people banned in NSW and Victoria to gamble at its Queensland casinos;
  • Deficiencies with The Star’s anti-money laundering program;
  • The Star’s responsible gambling program needs improvement; and
  • The Star was not forthcoming or transparent in its dealing with its banker or the Queensland regulator.
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Original URL: https://www.news.com.au/finance/business/unsuitable-huge-blow-to-star-entertainment-casinos/news-story/427736d91e9ea26fe0483bd51d1544b9