‚A drastic drop in consumer spending fuelled by the current cost of living and interest rate environment, coupled with increases in labour and operational costs have all had too great of a compounding impact on our business,‘ he said. The Queensland government fined the Star in Brisbane and the Gold Coast $100 million in 2022 after a review found the casinos had „major failings“ in anti-money laundering attempts and responsible gaming efforts. The Blue Square Casino is an online casino, and can be accessed online on the Blue Square Casino website as well as on various other websites such as the Gaming Supermarket.
If you beloved this short article and you would like to receive additional info with regards to HUC99 kindly go to our web site. The government had initially decided to slap a 90-day ban on both casinos in December 2023 but has delayed the suspension until the end of 2024 as the state government awaits the outcome of a NSW inquiry. The company’s future hangs in the balance after an inquiry found the casino operator had been going through issues around its leadership and culture, and that it remains unfit to operate its Sydney casino. (Reporting by Rishav Chatterjee in Bengaluru; Editing by Savio D’Souza) Last week, on the day Star was to report results, a NSW Independent Casino Commission (NICC) appointed lawyer found Star has been slow to address the governance and cultural issues identified in their 2022 report.
Sept 4 (Reuters) – Australia’s Star Entertainment is working with various financial advisers to finalise its fiscal 2024 results, it said on Wednesday, as the embattled casino operator remains under scrutiny for governance and cultural issues.
