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Despite receiving several loans, Star is in a race against time as it burns through cash.

Star scrambles for last-ditch deal with board unsure of its survival

Star confirmed on Friday that its board is in a desperate attempt to secure funding for the casino operator that could stave off financial collapse.

  • Colin Kruger

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Star still faces a fine in the hundreds of millions of dollars for contraventions of Australia’s money-laundering laws.

Star is seconds from oblivion and its luck may have run out

The casino operator is still clinging onto hope of a last-minute reprieve, but the Doomsday Clock is almost at midnight for the company.

  • Elizabeth Knight
Star Entertainment has attempted to sell off its assets to stave off collapse.

Why one of Australia’s biggest casino operators doesn’t deserve to be saved

While we play the waiting game, maybe it’s time to consider putting Star Entertainment out of its misery.

  • Elizabeth Knight
The Australian Securities and Investments Commission alleges former CEO Matt Bekier breached his duties under article 180 of the Corporations Act.

Casino boss accused of telling board NAB ‘supported’ money flows from overseas gamblers

Former Star boss Matt Bekier is alleged to have claimed NAB “tacitly supported” funds from Chinese gamblers passing through its systems.

  • Anne Hyland
The Star Entertainment’s Brisbane development. The company may have to sell a stake in the precinct to stave off collapse.

Star’s junket ignorance ‘particularly strange’ after Crown media storm

The corporate regulator questioned the credibility of the Star Entertainment board’s ignorance of the risks posed by its junket business, following bombshell allegations against Crown.

  • Colin Kruger
Star is in talks to potentially sell its new Brisbane casino to its Chinese partners.

‘Operation Money Bags’: Star ignored reports of brazen junket money trail, court told

Star’s internal investigations revealed a number of ways to smuggle cash to its notorious junket operator partner Suncity, with little pushback from the casino company’s executives.

  • Colin Kruger
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ASIC is suing 10 former executives and directors of Star Entertainment.

Elastic bands, Eskies and merino blankets: Star’s sins laid bare

The corporate regulator has fired a fierce salvo in its legal case against a trio of former Star Entertainment management and 10 of its previous board directors for allegedly breaching their duties.

  • Elizabeth Knight
Star is in talks to potentially sell its new Brisbane casino to its Chinese partners.

Star’s board ‘incurious and complacent’ about red flags: ASIC

The watchdog’s lawyers told the Federal Court the casino operator’s directors rubber-stamped credit facilities that allowed junket operators access without any probity information.

  • Colin Kruger
The Star casino in Sydney.

High-flyers to face court in blockbuster hearing as Star casino faces collapse

Star Entertainment might not survive the month and, with exquisite timing, a who’s who of Australia’s corporate elite is about to go on trial over their alleged roles in the disaster.

  • Colin Kruger
Xiongming Xie (far right) was arrested in July. He is a former Crown Casino high-roller agent and former deputy to Chinese billionaire Huang Xiangmo (left).

CCP-linked casino high roller attends events with Peter Dutton, MPs

Xie Xiongming is a key associate of controversial billionaire Huang Xiangmo, who was banned from Australia on national security grounds.

  • David Crowe and Nick McKenzie

Original URL: https://www.smh.com.au/topic/casinos-1mqb