Australia's Star Entertainment fined A$260 million over money laundering violations
Australia's Federal Court has fined The Star Entertainment Group A$260 million over historical money laundering violations linked to its casino operations. The penalty was imposed by Justice Cameron Moore and comes after years of scrutiny over the company's handling of financial crime risks. Star is Australia's largest listed casino operator and runs venues in Sydney, the Gold Coast and Brisbane.The case was brought by AUSTRAC, Australia's financial intelligence agency, which launched legal action in 2022. It accused the company of failing to adequately address money laundering risks connected to its dealings with the Asian gambling junket Suncity and its funder.... [Continue Reading]
360LiveNews | 28 Oct 2026 00:02 LONDON
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