271:
379:
by office politics and, in particular, the relationship between the company's Chief
Executive Officer, Robbie Cooke, and the independent manager appointed to help implement an official state-mandated remediation plan, Nicholas Weeks. Foster's departure came after he told the official inquiry his company was currently unsuitable to operate a casino in New South Wales. There was ‘not a scenario’ in which it would be able to run the property unsupervised. He was additionally quizzed on Tuesday over a series of ‘heat of the moment’ texts with Cooke in which the pair allegedly discussed getting rid of Weeks by having shareholders launch a class-action lawsuit against the government-appointed manager.
301:
286:
257:
410:
1051:
150:
992:
424:
29:
378:
In April 2024, the chair for The Star Star
Entertainment Group Limited David Foster resigned from his post less than a week after giving evidence to the ongoing inquiry into the license suitability of the company's The Star Sydney property. Foster reportedly found his efforts increasingly frustrated
355:
who were allegedly linked to criminal or foreign-influence activities. In response to the report Star stated that it was " "concerned by a number of assertions within the media reports that it considers misleading." And also stated that it would take steps to address the allegations with
Australian
374:
found Star misled regulators and failed in its anti-money laundering duties. The company has been served a statement of claim for a securities class action in the
Supreme Court of Victoria. The class action alleges that Star breached disclosure obligations and acted against the best interests of
375:
the shareholders. Star was fined $ 100 million on 9 December 2022. Casino licences for the
Treasury Brisbane and the Star Gold Coast will be suspended for 90 days, with this action deferred until December 1, 2023. The deferment gives Star an opportunity to remediate its management and operations.
356:
authorities. Following the report shareholders began forming a class action lawsuit against Star and inquiries were launched by
Queensland's, Western Australia's, Victoria's, and New South Wales's state gaming regulators.
338:
and Far East
Consortium. The two joint venture partners will each contribute 25% of the capital to develop the integrated resort and will also jointly pay for the apartment and broader Queen's Wharf developments.
711:
363:
risks. It had 14 days to respond. The company was fined A$ 100m ($ 62m) as a result. Star's gambling license was suspended and operations were placed under a new manager
Nicholas Weeks.
359:
On 13 September 2022 the NSW Independent Casino
Commission (NICC) published a report finding The Star unsuitable to hold its Sydney casino license because of its conduct relating to
810:
2271:
270:
450:
736:
127:
351:, found that Star management had been warned that its anti-money laundering controls were inadequate and that between 2014 and 2021 Star had attempted to recruit
954:
2251:
1234:
933:
505:
2079:
2261:
1858:
1144:
976:
659:
1922:
2266:
2010:
836:
522:
2256:
1189:
684:
1126:
1012:
965:
534:
608:
477:
2281:
243:
191:
911:
366:
In late 2022, the
Queensland Government also found Star unsuitable to hold its dual state casino licences. Former Court of Appeal Judge
300:
996:
2241:
1156:
1034:
559:
2246:
880:
581:
881:"Star Entertainment Group fined $ 100 million over Queensland casino breaches, given 12 months to 'get their house in order'"
864:
2276:
454:
391:
was said to be weighing a bid, but they subsequently stated that they were not looking into acquiring Star Entertainment.
890:
844:
348:
2236:
285:
1760:
1456:
53:
1042:
1640:
1174:
523:
http://www.smh.com.au/business/echo-entertainment-groups-star-performer-set-for-makeover-20150204-135gua.html
2147:
1361:
1027:
1249:
1470:
327:
276:
2159:
1567:
1504:
335:
246:
on behalf of the Queensland Government. Star owned a 50% stake in the Sheraton Mirage resort on the
1521:
319:
837:"Star Entertainment Group unsuitable to hold casino licence in Queensland, attorney-general finds"
2093:
2032:
1994:
1771:
1540:
1271:
1020:
256:
137:
2189:
1355:
482:
400:
2200:
2050:
1765:
885:
685:"Star Casino faces public hearings into ability to counter infiltration by organised crime"
8:
1949:
1239:
1224:
306:
232:
181:
168:
567:
387:
In May 2024, it was reported that multiple suitors were looking to acquire the company.
347:
In 2021 a joint report by the Sydney Morning Herald the Age, and the television program
2055:
1917:
1664:
1510:
1465:
1259:
1229:
1150:
784:
1984:
1943:
1562:
1490:
1484:
1179:
1107:
239:. Star Entertainment holds three out of Queensland's five casino operation licenses.
762:
2164:
2135:
2018:
1938:
1716:
1705:
1678:
1626:
1549:
1422:
429:
415:
371:
367:
360:
262:
236:
176:
2195:
2071:
2026:
1958:
1891:
1809:
1589:
1528:
1515:
1416:
1410:
1334:
1301:
1005:
291:
228:
219:
and entertainment company. The company was formerly known as Echo Entertainment.
186:
28:
1864:
1399:
1328:
1161:
1083:
1063:
1054:
388:
247:
39:
326:
partner of the Destination Brisbane Consortium was the preferred tenderer for
57:
2230:
2212:
2141:
2106:
1963:
1853:
1819:
1748:
1700:
1573:
1388:
1204:
1199:
1184:
1166:
1044:
633:
331:
323:
47:
478:"Queensland Queen's Wharf mega casino deal guarantees $ 1 billion for state"
370:
conducted an independent review of the matter. Queensland Attorney-General
1972:
1738:
1727:
1557:
1495:
1478:
1383:
1194:
1088:
204:
912:"David Foster Steps Down as Chair of The Star Entertainment Group Limited"
737:"'Breathtaking arrogance': Star found unfit to hold Sydney casino licence"
1930:
1754:
1695:
1633:
1443:
1405:
1323:
1317:
1120:
352:
131:
763:"Star casino: Record fine for Australian operator over money laundering"
2183:
2038:
1778:
1652:
1393:
1311:
1306:
1282:
955:
Star goes into trading halt after receiving 'a number' of takeover bids
811:"'Everything is on the table': Star unsuitable for Qld casino licences"
2153:
2123:
2112:
1911:
1722:
1340:
1244:
1219:
1094:
1078:
1058:
977:
Hard Rock denies any discussions over Star Entertainment Group buyout
115:
103:
1050:
966:
Star Entertainment says Hard Rock-led group weighs bid; shares surge
1803:
1534:
1449:
1438:
1214:
1209:
216:
99:
67:
2044:
1838:
1710:
1595:
1583:
1350:
1345:
1265:
1113:
71:
2129:
2000:
1886:
1843:
1797:
1743:
1671:
1617:
1601:
1276:
991:
609:"Star sells off Gold Coast Sheraton as shares continue to fall"
2099:
2005:
1978:
1897:
1881:
1827:
1814:
1378:
660:"Star Tumbles 23% on Report It Enabled Suspected Laundering"
1848:
1101:
634:"Star Entertainment: Shares fall on money laundering claim"
1904:
934:"Board ousts Star chairman as inquiry blowback continues"
865:
Star Faces Second Class Action Lawsuit for Non-Compliance
322:
announced on 20 July 2015 that Echo Entertainment as 50%
582:"Star set to offload Sheraton Mirage for $ 200 million"
2272:
Companies listed on the Australian Securities Exchange
382:
334:. Echo has two Hong-Kong based joint venture partners
787:. NSW Independent Casino Commission. 17 October 2022
497:
405:
2228:
506:"Brisbane casino to bring thousands of new jobs"
443:
1028:
227:The Star Entertainment owns and operates the
712:"Star class action after share price plunge"
2252:Entertainment companies established in 2011
244:Gold Coast Convention and Exhibition Centre
192:Gold Coast Convention and Exhibition Centre
1035:
1021:
516:
250:, that it sold in 2023 for $ 192 million.
27:
313:
2262:Australian companies established in 2011
606:
552:
878:
874:
872:
808:
709:
2267:Gambling companies established in 2011
2229:
804:
802:
451:"Demerger of Echo Entertainment Group"
2257:Holding companies established in 2011
1016:
503:
475:
869:
834:
213:The Star Entertainment Group Limited
22:The Star Entertainment Group Limited
16:Australian resort and casino company
891:Australian Broadcasting Corporation
845:Australian Broadcasting Corporation
828:
799:
777:
383:Speculation of a potential takeover
13:
2282:Hospitality companies of Australia
710:Raphael, Angie (18 October 2021).
677:
600:
574:
469:
14:
2293:
985:
936:. Financial Review. 29 April 2024
879:McKenna, Kate (9 December 2022).
626:
560:"About the Centre - Echo - GCCEC"
2211:Companies which are also in the
1049:
990:
809:Dennien, Matt (6 October 2022).
476:Moore, Tony (16 November 2016).
422:
408:
299:
284:
269:
255:
149:
148:
2242:Gambling companies of Australia
970:
959:
948:
926:
904:
858:
835:Riga, Rachel (6 October 2022).
785:"Star casino licence suspended"
755:
729:
703:
652:
607:McCarthy, John (27 June 2023).
504:Moore, Tony (23 January 2015).
2247:Holding companies of Australia
1706:Auckland International Airport
1641:Fisher & Paykel Healthcare
1457:Australian Securities Exchange
527:
342:
1:
436:
222:
205:StarEntertainmentGroup.com.au
2148:Shopping Centres Australasia
914:. Casinos.com. 30 April 2024
7:
2277:Companies based in Brisbane
1471:Bendigo & Adelaide Bank
1171:Corporate Travel Management
394:
242:The group also manages the
229:Treasury Casino & Hotel
83:; 13 years ago
10:
2298:
2209:
2176:
2160:Unibail-Rodamco-Westfield
2064:
1874:
1788:
1688:
1610:
1568:Platinum Asset Management
1505:Insurance Australia Group
1431:
1371:
1292:
1135:
1071:
741:The Sydney Morning Herald
336:Chow Tai Fook Enterprises
200:
167:
157:
144:
121:
109:
95:
77:
63:
45:
35:
26:
2237:Star Entertainment Group
1622:Clinuvel Pharmaceuticals
997:Star Entertainment Group
2094:Cromwell Property Group
1995:Northern Star Resources
1772:Sydney Airport Holdings
1541:National Australia Bank
1272:The Lottery Corporation
539:www.business.qld.gov.au
389:Hard Rock International
328:Queen's Wharf, Brisbane
277:Queen's Wharf, Brisbane
2117:Growthpoint Properties
1072:Communication Services
314:Queen's Wharf Brisbane
1356:Treasury Wine Estates
1250:SkyCity Entertainment
999:at Wikimedia Commons
483:Sydney Morning Herald
401:Gambling in Australia
320:Queensland Government
2201:Spark Infrastructure
1766:Seven Group Holdings
1522:Magellan Global Fund
1061: →
307:The Star, Gold Coast
279:(under construction)
2090:Charter Hall Retail
2084:Centuria Industrial
1832:Link Administration
1240:Premier Investments
1048:←
743:. 13 September 2022
233:The Star Gold Coast
182:The Star Gold Coast
159:Number of employees
23:
2056:Westgold Resources
2023:Ramelius Resources
1968:Independence Group
1761:Reliance Worldwide
1735:Monadelphous Group
1665:Ramsay Health Care
1511:Insignia Financial
1466:Bank of Queensland
1260:Super Retail Group
1255:Star Entertainment
1235:Pointsbet Holdings
1230:Nine Entertainment
1151:Aristocrat Leisure
535:"Casino licensing"
21:
2224:
2223:
2215:are displayed in
2087:Charter Hall Long
1985:Mineral Resources
1944:Fletcher Building
1935:Deterra Royalties
1491:Credit Corp Group
1485:Commonwealth Bank
1180:Eagers Automotive
1108:Spark New Zealand
1066:
1047:
995:Media related to
691:. 19 October 2021
664:www.bloomberg.com
640:. 11 October 2021
570:on 24 March 2013.
215:is an Australian
210:
209:
2289:
2165:Vicinity Centres
2136:National Storage
2080:Centuria Capital
2019:Pilbara Minerals
1939:Evolution Mining
1679:Sonic Healthcare
1062:
1053:
1043:
1037:
1030:
1023:
1014:
1013:
1009:
1008:
1006:Official website
994:
979:
974:
968:
963:
957:
952:
946:
945:
943:
941:
930:
924:
923:
921:
919:
908:
902:
901:
899:
897:
876:
867:
862:
856:
855:
853:
851:
832:
826:
825:
823:
821:
806:
797:
796:
794:
792:
781:
775:
774:
772:
770:
759:
753:
752:
750:
748:
733:
727:
726:
724:
722:
707:
701:
700:
698:
696:
681:
675:
674:
672:
670:
656:
650:
649:
647:
645:
630:
624:
623:
621:
619:
604:
598:
597:
595:
593:
578:
572:
571:
566:. Archived from
564:www.gccec.com.au
556:
550:
549:
547:
545:
531:
525:
520:
514:
513:
501:
495:
494:
492:
490:
473:
467:
466:
464:
462:
453:. Archived from
447:
432:
430:Companies portal
427:
426:
425:
418:
416:Australia portal
413:
412:
411:
372:Shannon Fentiman
368:Robert Gotterson
361:money laundering
330:, beating rival
303:
288:
273:
263:The Star, Sydney
259:
237:The Star, Sydney
177:The Star, Sydney
152:
151:
91:
89:
84:
31:
24:
20:
2297:
2296:
2292:
2291:
2290:
2288:
2287:
2286:
2227:
2226:
2225:
2220:
2205:
2196:AusNet Services
2172:
2072:Abacus Property
2060:
2027:Regis Resources
1959:Iluka Resources
1870:
1859:Wisetech Global
1790:
1784:
1684:
1606:
1590:Virgin Money UK
1579:Steadfast Group
1529:Macquarie Group
1516:Janus Henderson
1427:
1417:Woodside Energy
1411:Whitehaven Coal
1367:
1335:Endeavour Group
1302:a2 Milk Company
1294:
1288:
1145:ARB Corporation
1137:
1131:
1067:
1064:S&P/ASX 300
1055:S&P/ASX 200
1041:
1004:
1003:
988:
983:
982:
975:
971:
964:
960:
953:
949:
939:
937:
932:
931:
927:
917:
915:
910:
909:
905:
895:
893:
877:
870:
863:
859:
849:
847:
833:
829:
819:
817:
807:
800:
790:
788:
783:
782:
778:
768:
766:
761:
760:
756:
746:
744:
735:
734:
730:
720:
718:
708:
704:
694:
692:
683:
682:
678:
668:
666:
658:
657:
653:
643:
641:
632:
631:
627:
617:
615:
605:
601:
591:
589:
588:. 15 March 2023
580:
579:
575:
558:
557:
553:
543:
541:
533:
532:
528:
521:
517:
502:
498:
488:
486:
474:
470:
460:
458:
449:
448:
444:
439:
428:
423:
421:
414:
409:
407:
397:
385:
345:
316:
309:
304:
295:
292:Treasury Casino
289:
280:
274:
265:
260:
225:
196:
187:Treasury Casino
160:
135:
124:
112:
87:
85:
82:
50:
17:
12:
11:
5:
2295:
2285:
2284:
2279:
2274:
2269:
2264:
2259:
2254:
2249:
2244:
2239:
2222:
2221:
2213:S&P/ASX 50
2210:
2207:
2206:
2204:
2203:
2198:
2193:
2186:
2180:
2178:
2174:
2173:
2171:
2170:
2167:
2162:
2157:
2150:
2145:
2138:
2133:
2126:
2121:
2118:
2115:
2110:
2103:
2096:
2091:
2088:
2085:
2082:
2077:
2074:
2068:
2066:
2062:
2061:
2059:
2058:
2053:
2048:
2041:
2036:
2029:
2024:
2021:
2016:
2015:Perseus Mining
2013:
2008:
2003:
1998:
1991:
1988:
1981:
1976:
1969:
1966:
1961:
1956:
1953:
1946:
1941:
1936:
1933:
1928:
1925:
1923:Chalice Mining
1920:
1915:
1908:
1901:
1894:
1889:
1884:
1878:
1876:
1872:
1871:
1869:
1868:
1861:
1856:
1851:
1846:
1841:
1836:
1833:
1830:
1825:
1822:
1817:
1812:
1807:
1800:
1794:
1792:
1786:
1785:
1783:
1782:
1775:
1768:
1763:
1758:
1751:
1746:
1741:
1736:
1733:
1730:
1725:
1720:
1713:
1708:
1703:
1698:
1692:
1690:
1686:
1685:
1683:
1682:
1675:
1668:
1661:
1658:
1655:
1650:
1647:
1644:
1637:
1630:
1623:
1620:
1614:
1612:
1608:
1607:
1605:
1604:
1599:
1592:
1587:
1580:
1577:
1570:
1565:
1560:
1555:
1554:Omni Bridgeway
1552:
1547:
1544:
1537:
1532:
1525:
1518:
1513:
1508:
1501:
1498:
1493:
1488:
1481:
1476:
1473:
1468:
1463:
1460:
1453:
1446:
1441:
1435:
1433:
1429:
1428:
1426:
1425:
1420:
1413:
1408:
1403:
1396:
1391:
1386:
1381:
1375:
1373:
1369:
1368:
1366:
1365:
1358:
1353:
1348:
1343:
1338:
1331:
1326:
1321:
1314:
1309:
1304:
1298:
1296:
1290:
1289:
1287:
1286:
1279:
1274:
1269:
1262:
1257:
1252:
1247:
1242:
1237:
1232:
1227:
1222:
1217:
1212:
1207:
1202:
1197:
1192:
1187:
1182:
1177:
1175:Domino's Pizza
1172:
1169:
1164:
1159:
1154:
1147:
1141:
1139:
1133:
1132:
1130:
1129:
1124:
1117:
1110:
1105:
1098:
1091:
1086:
1081:
1075:
1073:
1069:
1068:
1045:S&P/ASX 50
1040:
1039:
1032:
1025:
1017:
1011:
1010:
987:
986:External links
984:
981:
980:
969:
958:
947:
925:
903:
868:
857:
827:
815:Brisbane Times
798:
776:
754:
728:
702:
676:
651:
625:
599:
573:
551:
526:
515:
510:Brisbane Times
496:
468:
457:on 1 June 2012
441:
440:
438:
435:
434:
433:
419:
404:
403:
396:
393:
384:
381:
344:
341:
315:
312:
311:
310:
305:
298:
296:
290:
283:
281:
275:
268:
266:
261:
254:
248:Southport Spit
224:
221:
208:
207:
202:
198:
197:
195:
194:
189:
184:
179:
173:
171:
165:
164:
161:
158:
155:
154:
153:A$ 2.3 billion
146:
142:
141:
125:
122:
119:
118:
113:
110:
107:
106:
97:
93:
92:
79:
75:
74:
65:
61:
60:
51:
46:
43:
42:
37:
33:
32:
15:
9:
6:
4:
3:
2:
2294:
2283:
2280:
2278:
2275:
2273:
2270:
2268:
2265:
2263:
2260:
2258:
2255:
2253:
2250:
2248:
2245:
2243:
2240:
2238:
2235:
2234:
2232:
2218:
2214:
2208:
2202:
2199:
2197:
2194:
2192:
2191:
2187:
2185:
2182:
2181:
2179:
2175:
2168:
2166:
2163:
2161:
2158:
2156:
2155:
2151:
2149:
2146:
2144:
2143:
2142:Scentre Group
2139:
2137:
2134:
2132:
2131:
2127:
2125:
2122:
2120:Ingenia Group
2119:
2116:
2114:
2111:
2109:
2108:
2107:Goodman Group
2104:
2102:
2101:
2097:
2095:
2092:
2089:
2086:
2083:
2081:
2078:
2075:
2073:
2070:
2069:
2067:
2063:
2057:
2054:
2052:
2049:
2047:
2046:
2042:
2040:
2037:
2035:
2034:
2030:
2028:
2025:
2022:
2020:
2017:
2014:
2012:
2009:
2007:
2004:
2002:
1999:
1997:
1996:
1992:
1989:
1987:
1986:
1982:
1980:
1977:
1975:
1974:
1970:
1967:
1965:
1964:Incitec Pivot
1962:
1960:
1957:
1954:
1952:
1951:
1947:
1945:
1942:
1940:
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721:28 November
716:news.com.au
695:28 November
669:29 November
644:28 November
489:22 November
343:Controversy
111:Area served
2231:Categories
2184:AGL Energy
2051:St Barbara
2039:Sims Metal
1918:Brickworks
1791:Technology
1779:Transurban
1653:Nanosonics
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1432:Financials
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765:. BBC News
437:References
349:60 Minutes
294:, Brisbane
223:Properties
123:Key people
2190:APA Group
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