Star Entertainment, one of the largest owners and operators of land-based casinos in Australia, has received more bad news along with a hefty fine of 100 million Australian dollars in Queensland, Australia’s second-largest and third-most populous state.
The company operates two casinos in the state, Treasury Brisbane and Star Gold Coast, and their activity has been under investigation in recent months. In October, Star Entertainment was found unsuitable to hold a casino license in Queensland, at the end of an inquiry led by Robert Gotterson AO.
At the same time the Queensland government announced that the maximum penalty that can be imposed on a casino will be raised to 100 million Australian dollars, exactly the amount of the fine that Star Entertainment has now received. The company was slapped with a similar penalty in New South Wales as its activities at Star Sydney have also been under investigation.
Star Entertainment was given 12 months to pay the fine worth 100 million Australian dollars, while its licenses to operate Treasury Brisbane and Star Gold Coast were suspended for 90 days.