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State government talks are ongoing with The Star which reportedly requires $300 million in short-term funding to continue operating the precinct in Brisbane’s CBD which opened on August 29, employing 3000 people.
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‘However, the Bell Report underscores the NICC’s concerns that it was not receiving all of the facts from The Star at a time when we needed certainty the company could fund and prioritise an urgent business turnaround,’ he said.
The Queensland government fined the Star in Brisbane and the Gold Coast $100 million in 2022 after a review found the casinos had “major failings” in anti-money laundering attempts and responsible gaming efforts.
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Its Sydney licence remains suspended after a first inquiry found damning evidence of anti-money laundering and counter-terrorism failings, although it has been allowed to keep the casino operating with a regulator-appointed manager.
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