SGR News: Australia casino firm Star to be fined $62 million following inquiry - 17th Oct 2022, 8:55am

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SYDNEY (Reuters) -Australian casino firm Star Entertainment Group was fined A$100 million ($62 million) on Monday following an independent inquiry which found it failed to prevent money laundering and criminal activity in its Sydney casino.

The New South Wales Independent Casino Commission (NICC) also cancelled Star's licence to operate the Sydney casino effective Friday, and will appoint a person to manage the casino pending the return of its licence.

"The appointment of the manager means tha...

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