{"id":4934,"date":"2021-10-14T12:57:22","date_gmt":"2021-10-14T12:57:22","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=4934"},"modified":"2021-10-14T12:57:22","modified_gmt":"2021-10-14T12:57:22","slug":"queensland-launches-investigation-into-star-entertainment-group","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/queensland-launches-investigation-into-star-entertainment-group\/","title":{"rendered":"Queensland Launches Investigation Into Star Entertainment Group"},"content":{"rendered":"

\"TheAfter years of maintaining a clean image in Australia, the Star Entertainment Group<\/strong> is now mired in its own money laundering scandal. Now, the Queensland government has decided to launch its own investigation into Star\u2019s operations. <\/p>\n

Attorney-General Shannon Fentiman<\/strong> has announced that the anti-money laundering agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), together with local Queensland police, will be launching an investigation into the casino group’s shady business practices.<\/p>\n

Star was poised to consolidate the Australian casino industry with a possible merger with longtime and currently-embattled rival, Crown Resorts<\/a>. But recent reports have put a damper on Star\u2019s industry consolidation plans, as the casino group\u2019s own money laundering practices surfaced. <\/p>\n

The announcement of the inquiry comes as New South Wales (NSW), Western Australia (WA), and Victoria, also launched similar inquiries over Star\u2019s operations. In Queensland, they operate The Star Gold Coast and Treasury Brisbane and the Star Sydney at Pyrmont.<\/p>\n

Fentiman has been closely following the Bergin Inquiry into Crown Resorts<\/a>. When allegations against Star itself surfaced, the Qld Attorney-General released a statement saying that she found these allegations to be very serious.<\/p>\n

In addition, she stated that the investigation will consider whether The Star handled their casino\u2019s money laundering controls appropriately. Her statement added that the government will be taking the outcomes from the various state inquiries into consideration. They will also determine whether or not they would need to change any regulatory framework moving forward.<\/p>\n

Star Maintains Media Reports Are Misleading <\/h2>\n

A scathing report by Australian media channels alleges that the casino had lax anti-money laundering controls. They allege that various illegal activities, including money laundering and foreign interference operations were happening right under their noses. <\/p>\n

7NEWS Australia<\/strong><\/p>\n

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