The Star casino in Sydney.Credit: Dion Georgopoulos ASIC has accused them of not paying sufficient attention to the risks of money laundering and criminal association that have unravelled the ...
Star Entertainment Group's ... regardless of who operates the Star's current building. 'Our focus is on the men and women who work there, not on casino joints,' he said. Mr McCann also lobbied ...
Star Entertainment’s Hong Kong investors are in Queensland to discuss the future of the casino giant’s new Brisbane precinct as chief executive Steve McCann attempts to save the business from ...
SYDNEY – Australia’s biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licences stretched out for centuries. The domestic market was home to the planet’s ...
“We have a difficult road ahead and Star remains in an extremely challenging position,” Mr McCann said. The casino operator had a regulator-appointed manager designated to the company in 2022 ...
It’s do or die for Star Entertainment Group’s lenders, as the casino group morphs into a ticking time bomb. And creditors with money on the line are leaving no stone unturned as they try to ...
Star Entertainment is on the verge of going broke ... Queen's Wharf development at a time when it's trying to regain its casino licences after multiple inquiries uncovered evidence of money ...
Macau’s Xingchun Wang is now the second-biggest shareholder in Star, although the embattled casino operator and its bankers are in the dark about who he is and what his intentions are.
Cash-strapped Star has now been forced to embark on a series of asset sales to raise money, but its only major sale so far has been the leasehold of the heritage-listed Treasury Casino building in ...
Star Entertainment Group has warned shareholders it is uncertain about its future as the embattled casino operator hops on its last legs. The casino operator on Monday said its revenue fell 15 per ...
Star Casino. Picture: Nikki Short “They are also liable to pay for any costs incurred during administration. “If there’s any lack of funds it’s the administrator who then becomes ...
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