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The Star Confesses to Charges
Rules and regulations are made to be followed which is why iGaming providers and casinos are punished if they don’t. Regulatory bodies are put in charge of making sure casino operators stick to the script. The Queensland government charged Star Entertainment with several charges including money laundering and letting clients buy gaming chips with credit cards.
Start Entertainment has recently pleaded guilty to those charges. The casino had undergone penalties because of breaching those regulations. By admitting its guilt, it’s possible that it will learn from its mistakes and take to the future in a new way.
Star Entertainment was Slapped with a Hefty Fine
Big providers in the casino industry make big moves and waves in the industry. They expand to keep things interesting and remain in the spotlight. Some of them even do stuff that isn’t in accordance with the regulations.
However, those kinds of brands don’t usually last long. They are caught by regulatory bodies and punished accordingly. Star Entertainment happens to be one such brand. It’s one of the most popular casinos in Australia, but it has recently fallen on hard times.
Last year, it made the mistake of being part of a money laundering scheme. The government also accused the brand of allowing clients to buy gaming chips with credit cards which is against the regulations. The NSW Casino Control Commission decided in 2022 that the brand wasn’t fit to keep its license, but the brand was given a second chance.
It also got a special manager that was to oversee the transition of the brand so it could survive. The brand also got slapped with a staggering fine of 100 million Australian dollars. Recently, the brand plead guilty to the charges and Star Entertainment officials will be awaiting the sentencing in June this year.
The rulebook is there for all operators to follow, that’s why the Australian government has urged the other operators to adhere to the highest standards. Star Entertainment has had some tough months again because of its deeds and decisions. But it can mend its reputation with time and remain popular.
It’s not quite clear why Star Entertainment decided to take the illegal route, but it did, and now it’s facing the consequences. Besides the fine and the general manager, the brand is awaiting sentencing in June this year after pleading guilty to the charges.