Star Entertainment Group has forecasted a possible loss of up to $1.6 billion if the New South Wales government executes its planned tax increases.
The NSW Independent Casino Commission (NICC) has told The Star Entertainment Group – owner and operator of The Star Sydney – it will not endorse a company-appointed independent monitor or any remediation efforts it might propose.
The New South Wales Independent Casino Commission (NICC) has announced the suspension of The Star Sydney’s operating licence, a record fine of $100 million, and the appointment of an external manager in response to the damning report given by the Bell Inquiry last month.