The ASX-listed group said in November that regulators in NSW and Queensland – where is operates casinos in Brisbane and the Gold Coast – had extended the terms of their respective independent managers to give the business more time to undertake the necessary remediation steps. The new deadline will exacerbate pressures at the casino operator, which recently secured a reprieve from the state after months of uncertainty over tax rate increases that it said would put it out of business. Mr Weeks was originally appointed at The Star in October for 90 days with the option to extend at the regulator’s discretion. “If they can’t prove they are capable of operating with a conditional licence over the next six months, the manager will be retired, and the doors will close.” “The NICC is not satisfied The Star has reached a point where the licence suspension can be lifted and it can run its casino without the supervision of the manager,” the spokesperson said. If it does not, the casino will need approval to operate.

Oscar ColmanĪ spokesperson from the commission said Star Sydney now had six months to prove it could run without the help of its state-appointed general manager, Nick Weeks. The Star’s flagship casino has been given a six-month deadline to regain its licence or face the possibility of closing. Star Sydney’s licence was suspended in October last year after an independent inquiry exposed extensive anti-money laundering and counterterrorism failings. The NSW Independent Casino Commission has warned Star Sydney it is still not satisfied with its ability to run its flagship casino without supervision, despite a large investment in remediation programs. Star Entertainment’s flagship Sydney gaming floors could be shut permanently if it does not meet a new six-month deadline imposed by the NSW casino regulator to regain its licence.

Star casino sydney membership