Australia

Star Casino Slapped with Record Fine for Money Laundering

Money laundering at Star Entertainment Group's Sydney casino culminated in a A$100 million ($62 million; £55 million) fine for the…

2 years ago

Crown Gearing Up for Grand Opening in Sydney

Crown Sydney has announced that it would only welcome VIP guests when it first opens its doors in August. This…

2 years ago

Blackstone Receives Green Light in Favor of Its Crown Bid

Australian gaming authorities have given the green light to private equity firm Blackstone to handle Crown Resorts Ltd.'s ailing casinos…

2 years ago

The Star Entertainment Shares Crumble Amid Money Laundering Claims

Renowned gambling and entertainment operator the Star Entertainment Group (SGR) has had its share price drop significantly. This is largely…

3 years ago

AUSTRAC Launches Money Laundering Probe into Country’s Casinos

Last Monday, the Australian Transaction Reports and Analysis Centre (AUSTRAC) launched a probe into some of the country's casino operators.…

3 years ago

Star Entertainment Group Proposes Merger with Crown Resorts

World-renowned gaming and entertainment operator The Star Entertainment Group has recently revealed its plans to buy Crown Resorts Limited, its…

3 years ago

Crown Resorts Deemed Unfit to Run Newly-Built Sydney Casino

A recent inquiry by the Australian authorities has dealt a huge blow to Crown Resorts which happens to be one…

3 years ago

New Findings Could Spell Trouble for Credit Card Gambling in Australia

A little over a year ago, the Australian Banking Association announced a consultation paper that dealt with the use of…

3 years ago

Crown Resorts Probe Postponed Indefinitely Amid Pandemic

The Independent Liquor and Gaming Authority in New South Wales, Australia has recently announced that it is postponing its inquiry…

4 years ago

Casino Industry Takes A Hit Amid Coronavirus Pandemic

The coronavirus outbreak continues to wreak havoc across the world and a number of businesses are already feeling the pinch.…

4 years ago