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(Reuters) -Australian casino operator Star Entertainment Group swung to an annual loss on Monday, hurt by long spells of COVID-19-led property and border closures and regulatory reviews.
Since last year, Star has been embroiled in a slew of government probes over possible breaches of anti-money laundering and counter-terrorism laws at its casinos and as a result, saw a major management overhaul.
The Brisbane-based company said it bore the brunt of one-off expenses of about A$168 million ($115....
>>> Read more: Australia's Star Entertainment swings to loss as COVID-19 shut-down bites
Since last year, Star has been embroiled in a slew of government probes over possible breaches of anti-money laundering and counter-terrorism laws at its casinos and as a result, saw a major management overhaul.
The Brisbane-based company said it bore the brunt of one-off expenses of about A$168 million ($115....
>>> Read more: Australia's Star Entertainment swings to loss as COVID-19 shut-down bites
