Casino hit with $10m fine over non-stop gambling binges
Summary
The Star Sydney casino has been fined $10 million by the NSW Independent Casino Commission (NICC) for regulatory breaches, including allowing patrons to gamble non-stop for more than 24 hours and failing to properly vet customers for links to criminal and terrorist activity. The fines include $1.5 million for exceeding gaming time limits, with some patrons gambling for over 36 hours straight, and $5 million for failing to prevent criminal activity such as money laundering. An additional $3 million penalty was imposed for allowing patrons to convert casino reward points to cash. The casino's chief executive, Bruce Mathieson Jr, stated that these events occurred prior to the current leadership and that the company is working through a remediation program. The NICC noted that while the latest breaches were disappointing, the company has made progress under new leadership, though its poor compliance history influenced the decision.
(Source:PerthNow)