Star Entertainment faces reported compliance and responsible-gambling concerns in Australia
Internal documents reportedly show Star Entertainment reduced group compliance staff from 17 to four and risk-management staff from five to two after a change of ownership. The documents also reportedly described regulatory risks as significant and growing; Star Brisbane chief financial officer Richard Chan said the budget model was preliminary and, to his knowledge, had not been sent to lenders. Special monitor Nick Weeks is assessing whether Star can retain its New South Wales and Queensland licences.
The reported staffing cuts and growing regulatory risks could affect Star’s ability to retain its New South Wales and Queensland licences.