{"id":1659082,"date":"2022-09-26T20:50:10","date_gmt":"2022-09-27T00:50:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659082"},"modified":"2022-09-26T20:50:46","modified_gmt":"2022-09-27T00:50:46","slug":"australias-star-entertainment-keen-to-operate-sydney-casino-under-supervision","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/australias-star-entertainment-keen-to-operate-sydney-casino-under-supervision\/","title":{"rendered":"Australia\u2019s Star Entertainment keen to operate Sydney casino \u2018under supervision\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Faustralias-star-entertainment-keen-to-operate-sydney-casino-under-supervision%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1659082&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) \u2013     Star Entertainment Group on Tuesday accepted the findings of an inquiry that stated the casino operator unfit to hold a licence in Sydney, but said it should be permitted to continue operating under \u201cstrict supervision\u201d.<\/p>\n<p>The country\u2019s second-biggest casino operator said in a statement that it has developed a remediation plan, outlining actions to address \u201croot-cause failings\u201d mentioned in the inquiry report released earlier this month.  <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Australia\u2019s casino sector has faced intense scrutiny over the last three years after Star\u2019s larger rival Crown Resorts was found unfit to hold gambling licences on account of money laundering, prompting some states to launch investigations. <\/p>\n<p>The New South Wales (NSW) state gambling regulator had said its report identified \u201csystemic governance, risk and cultural failures\u201d at Star\u2019s Sydney casino.<\/p>\n<p>\u201cHuge amounts of money were disguised by the casino as hotel expenses and vast sums of cash evaded anti-money laundering protocols several times, mostly through a secret room with a second cash cage,\u201d NSW Independent Casino Commission (NICC) Chief Commissioner Philip Crawford had said. <\/p>\n<p>NICC should allow the company to \u201ccontinue to operate the licence, under strict supervision and being held accountable to the milestones on the Remediation Plan,\u201d Star said on Tuesday. <\/p>\n<p>Star said its remediation plan will focus on a \u201cmulti-year transformation\u201d of governance, accountability, culture, and risk and compliance-management practices.<\/p>\n<p>The casino operator plans to finalize the budget for the remediation plan over the next month and conclude the plan by the end of 2024.<\/p>\n<p> (Reporting by Himanshi Akhand in Bengaluru; Editing by Krishna Chandra Eluri and Sherry Jacob-Phillips)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/australias-star-entertainment-keen\/attachment\/file-photo-visitors-to-sydneys-star-casino-play-electronic-slot\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8Q00F-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8Q00F-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Star Entertainment Group on Tuesday accepted the findings of an inquiry that stated the casino operator unfit to hold a licence in Sydney, but said it should be<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1659082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1659082"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1659082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1659082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1659082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1659082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}