Published
Land-BasedCasinoLegal & Regulatory

The Star provides further response to money laundering and organised crime allegations

The Star Entertainment Group has issued a further response to recent media reports that included allegations of money laundering, organised crime, large-scale fraud and foreign interference.

dls dlskssf

Allegations published by The Sydney Morning Herald, The Age and 60 Minutes claim that, between 2014 and 2021, the operator catered to high-roller gamblers who had associations with criminal or foreign-influence operations.

An investigation has since been launched by the Office of Liquor and Gaming Regulation along with the Queensland Police and AUSTRAC (Australian Transaction Reports and Analysis Centre), concerning the group’s Queensland casinos in Brisbane and the Gold Coast.

The Star responded to such allegations saying it “is concerned by a number of assertions within the media reports that it considers misleading.”

And the company has now provided a further update on the situation, noting that assertions by recent media reports regarding reports prepared by KPMG - a network of professional services firms providing audit, tax and advisory services - were incorrect.

The media reports claim that reports prepared by KPMG in 2018 were kept secret and not adequately acted on, but such claims are incorrect, according to The Star.

“The relevant reports relate to the regular independent review of The Star's Anti-money Laundering and Counter-terrorism Financing (AML/CTF) Program conducted in accordance with the AML/CTF Act and Rules,” a statement from the company read.

“The reports, findings and outcomes from the review were considered by The Star (including the board) and acted on. The actions included The Star adopting an updated AML/CTF Program as a priority in October 2018, and undertaking a program of work to enhance its AML compliance framework, under the board’s oversight.”

The group added that details of the review were shared with the AML/CTF regulator, AUSTRAC and referred to in a statement by The Star to the Bergin Inquiry.

Premium+ Connections
Premium

Revsharks

 
Premium

Sport Generate

 
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

GammaStack

 
Premium

Lynon

 
Premium

RISK

 
 
Premium

1xBet Partners

 
Premium

Imagine Live

 
Premium

Galaxsys

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...