The Star v ASIC in Federal Court: Sydney casino may not survive > 자유게시판

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The Star Sydney (formerly Star City Casino and prior to that, Sydney Harbour Casino) in Pyrmont, Sydney, is the second largest casino in Australia after Melbourne's Crown Casino. Overlooking Darling Harbour, The Star, owned by Star Entertainment Group features two gaming floors, one bar, 3 restaurants, 351 hotel rooms and 130 serviced and privately owned apartments. It also includes the 2,000 seat Sydney Lyric theatre, 360 seat Foundry Theatre and 3,000-seat Event Centre, the latter designed by Montreal-based theatre design firm Scéno Plus. Its gaming operations are overseen and controlled by the New South Wales Casino Control Authority and is licensed to be the only legal casino in New South Wales.
However, Star is permitted to continue operating slot machines, or pokies as they’re called Down Under, and top live casino games 2026 dealer table games at The Star Sydney. It did not pivot its business then, or in 2020 when the Bergin inquiry into Crown Resorts that resulted from those media reports uncovered breaches of anti-money laundering requirements so flagrant that Crown was deemed unfit to operate a Sydney Aria casino payment options. It will now be up to Bally’s to return Star to profitability in a regulatory environment where it continues to be the only poker machine operator in Sydney that is not allowed to accept cash. Less than 400 metres down the road from the Sydney casino, Pyrmont Bridge Hotel has 19 poker machines where customers can play anonymously. It jumped 100 places up the state rankings by gaming machine net profit in the quarter after the changes at Star took effect. The new cashless gambling regime required the casino to conduct extensive "know your customer" checks on its patrons, and revenue dropped immediately and sharply after it was introduced. Among Star’s many injuries, the NSW government order for its Sydney Dolly Casino prepaid cards to stop accepting cash from October last year threatened to be the fatal blow.
Its proximity to attractions like Darling Harbour, Sydney Fish Market, and the top Australian casino video slots National Maritime Museum makes it an ideal starting point for exploring Sydney’s rich cultural landscape (Sydney Travel Guide). American casino giant Bally’s Corporation and the billionaire Mathieson family are waiting on probity approvals to take control of Star, which has faced extreme financial pressure over the past 18 months. The Star’s Star Club program recognizes loyal gamers and diners, offering points for gaming, hotel stays, and restaurant visits, redeemable for play, prizes, and exclusive access. The Star Sydney, previously known as Star City Casino, occupies a central position in Australia’s gaming landscape, bringing together gamblers, holidaymakers, luxury-seekers, and event enthusiasts in one lavish complex. Since its inception, The Star has become synonymous with upscale entertainment, stylish events, and international class gaming—drawing millions of visitors each year and injecting vibrancy into Sydney’s tourism scene.
US casino operator Bally’s has reportedly shown interest, as has billionaire Clive Palmer. Senior NSW minister Penny Sharpe said the government was watching developments closely, including the impact on job guarantees for staff. Star, which plays a crucial role in the tourism and hospitality industry of NSW and Queensland – with more than 2700 hotel rooms and more than 100 bars, cafés and restaurants operating at its resorts – failed to release its financial results on Friday. Redefining the gaming landscape, The Star Casino is an establishment that blends gaming with a rich lifestyle experience. Despite its initial attraction being the gaming options, The Star Casino offers so much more.
Whether you’re visiting for business or on holiday, your time at The Star will be a pleasurable one. Choose from The Darling, Astral Tower and Astral Residences, which offer guests luxury hotel rooms and suites as well as penthouses and full apartments to stay in. The embattled instant withdrawal online casino operator said in a statement to the ASX late on Wednesday it was continuing to work with stakeholders and advisers about its financial condition. "We need to implement those, and we need to make sure that we understand what the revised revenue model is for our business across gaming and non-gaming over time," McCann said at the meeting. We’ve obviously been working with them over a period of time on a range of issues, including the importance of the employment that is there, and will continue to do so," she said.
The Star houses 1490 gaming machines, 34 poker tables and 7 table games, alongside an array of slot machines, bingo, and poker games. Covering a splendid area of 104,450 square feet, the casino is a labyrinth of extravagant gaming options and exquisite lifestyle experiences. This lavish establishment is owned by Gaming and Leisure Properties Inc. (GLPI), known globally for their luxurious gaming and entertainment establishments. The Star Casino is no exception to their commitment to providing nothing but the best. The newly branded ‘The Star’ consists of a 24/7 casino with two gaming floors, an exclusive V.I.P. section, eight bars, seven restaurants, The Marquee nightclub, and the 2,000 seat Lyric Theatre.
It disregarded independent audits of its money laundering systems, misled banks and helped Chinese high limit roulette online rollers to disguise their gambling expenses. Ben Lee, managing partner of IGamiX Management and Consulting, said the NSW government’s lopsided approach to gambling regulation suggested cashless gaming was being used as a punishment rather than a wholesale attempt to prevent money laundering. The Star Casino, part of The Star Entertainment Group, is a prime destination for those seeking entertainment and gaming in Australia. Located in Sydney, Brisbane, and the Gold Coast, The Star Casinos are renowned for their wide range of gaming options, including table games like blackjack, poker, and roulette, as well as a plethora of electronic gaming machines. Each location also offers Star Casino Gold Coast accommodations, diverse dining experiences, and access to sports bars, nightclubs, and theaters, catering to a broad spectrum of tastes and preferences.
The venue has featured awards nights including playing host to the annual film and television AACTA Awards. The first 12 episodes of the 2005–2006 Australian television series Joker Poker was filmed in a private gaming room at the casino. The game was dealt by experienced The Star croupiers; however the show was not a success. The now defunct Ralph magazine shot its swimsuit model of the year competition at Turbines Health Club (pool and gym for the hotel and apartments). The Star provides many traditional casino games, including Mini Baccarat, Blackjack, Caribbean Stud, Craps, Pai Gow, Poker, Pontoon, Roulette, Rapid (semi-electronic) Roulette, Sic Bo and Three card poker By February of 2025, it was reported by Sky News Australia that Star Entertainment "could enter administration within a week".