Star casino receives AU$100 million fine

A major fine has been given to the Star Entertainment Group for failing to live up to the rules of anti-money laundering in their Sydney based casino. Besides a fine of a hundred million Australian Dollars, the casino also loses its gambling license.

After the Bell report the conclusion of the local gaming authority was that The Star Casino Sydney was not suitable to keep its gambling license. Mostly because they failed to fight money laundering. Next to that they failed in making sure their visitors were gaming responsible. However, they kept gamblers gambling even though they are for example drunk or under the influence of other substances.

The Star lost its gambling license. However, this does not mean that it has to close down the Sydney casino with immediate effect. They are able to operate their casino and their Baccarat, Roulette and blackjack tables under supervision of a representative of the gambling commission. This representative will check the daily operations of the casino and will decide in the future whether the casino can get its gambling license back or not.

The Star casino is not the only casino in Australia that is facing such a problems. The Crown Melbourne is another example of a casino that did not live up to the rules set by the local gaming authority. The Crown also failed in responsible gaming and anti-money laundering. The casino was also found to be not suitable to keep its gambling license. However, they are still waiting whether they get a fine or a suspension or some sort of punishment for their lack of following the rules.