![]() ![]() He said it was remarkable that no one had so far been held personally legally accountable for Star’s conduct. “What do you have to do to lose a licence?” Sign up for our free morning newsletter and afternoon email to get your daily news roundup He said a similar $100m fine recently imposed on Crown Resorts by Victoria’s casino regulator was simply factored into the price that US private equity group Blackstone paid to take it over. “One hundred million is a lot of money for anybody, but for a casino – it’s more than a slap on the wrist but it’s not enough to dissuade this kind of behaviour.” ![]() ![]() “A big issue for us, to be frank, in this environment is that there is probably about 10,000 employees of the Star casino, and a lot of them rely on the income to pay their mortgages and raise their kids,” he said.Ĭharles Livingstone, a gambling researcher at Monash University and a longstanding critic of Australia’s casino industry, said the penalty was “not adequate”. NSICC’s chair, Philip Crawford, said the regulator decided not to revoke Star’s licence because the company had shown contrition and a willingness to reform under the new chief executive, Robbie Cook, and because taking away the casino licence would have meant “thousands of Star employees would have lost their jobs overnight”. ![]()
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