{"id":20858,"date":"2021-07-30T13:09:33","date_gmt":"2021-07-30T16:09:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20858"},"modified":"2026-04-23T17:05:00","modified_gmt":"2026-04-23T20:05:00","slug":"star-sydney-casino-to-remain-closed-until-august-28","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/star-sydney-casino-to-remain-closed-until-august-28","title":{"rendered":"Star Sydney casino to remain closed until August 28"},"content":{"rendered":"\n

The Star Sydney will remain closed until August 28 after the New South Wales government announced an extension of current Covid-19 countermeasures.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0Star Entertainment<\/strong>\u00a0has confirmed that the Star Sydney will remain closed for another four weeks after the New South Wales Government extended\u00a0current countermeasures<\/a>, which were due to end today.<\/p>\n\n\n\n

The Star Sydney will remain closed until at least August 28<\/strong>.\u00a0Star Entertainment said it would support its staff through this extended lockdown period.<\/p>\n\n\n\n

Meanwhile, The Star Queensland<\/strong> has increased its capacity to 1 person per 2 square metres. Patrons no longer have to be seated while eating or drinking.<\/p>\n\n\n\n

Star Entertainment withdraws offer for Crown Resorts<\/strong><\/h2>\n\n\n\n

Star Entertainment Group<\/a>\u00a0has withdrawn its offer to buy Crown Resorts following suggestions that Crown should lose its\u00a0casino licence<\/a>\u00a0for Crown Melbourne.<\/p>\n\n\n\n

In May, Star Entertainment<\/a> made an unsolicited non-binding offer of AU$12bn<\/strong> (US$9.4bn)<\/strong> for the casino operator. However, Adrian Finanzio<\/strong>, the counsel assisting Victoria\u2019s Royal Commission into Crown Resorts, has told the inquiry that Crown should lose its Melbourne licence.<\/p>\n\n\n\n

Finanzio<\/strong> said that evidence against Crown showed \u201cserious misconduct, illegal conduct and highly inappropriate conduct.\u201d<\/strong><\/p>\n\n\n\n

Star Entertainment said: \u201cIssues raised at Victoria\u2019s Royal Commission into Crown Melbourne have the potential to materially impact the value of Crown<\/strong>, including whether it retains the license to operate its Melbourne casino or the conditions under which its license is retained.\u201d<\/p>\n\n\n\n

Although Star Entertainment has withdrawn its offer, it said it would remain open to exploring opportunities<\/strong> with Crown. It said it would continue to closely monitor the Victorian Royal Commission <\/strong>and Western Australian Royal Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Star Sydney will remain closed until August 28 after the New South Wales government announced an extension of current Covid-19 countermeasures.<\/p>\n","protected":false},"author":176,"featured_media":17622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Star Sydney's operational closure is extended until August 28 due to New South Wales' Covid-19 countermeasures, while Star Queensland increases capacity. Concurrently, Star Entertainment has withdrawn its AU$12bn offer for Crown Resorts, citing significant regulatory risks and potential license revocation for Crown Melbourne following findings of serious misconduct by Victoria's Royal Commission. Star Entertainment will continue to monitor the ongoing Royal Commissions.","focusai_entities":"Star Sydney, New South Wales government, Star Entertainment, Star Queensland, Crown Resorts, Adrian Finanzio, Victoria\u2019s Royal Commission, Western Australian Royal Commission","focusai_location":"Sydney, New South Wales, Australia, Queensland, Melbourne, Victoria, Western Australia","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Crown's License Impact","query":"What specific conditions or penalties, short of full revocation, might Victoria's Royal Commission impose on Crown Melbourne's casino license, and how would these affect its operational viability and valuation?"},{"label":"Star's M&A Strategy","query":"Given the withdrawal of the Crown offer, what is Star Entertainment's revised M&A strategy for market consolidation, particularly concerning assets under significant regulatory scrutiny?"}],"footnotes":""},"categories":[16336,28],"tags":[1295],"class_list":["post-20858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-casino-news","tag-star-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20858"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20858\/revisions"}],"predecessor-version":[{"id":20897,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20858\/revisions\/20897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17622"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}