{"id":26252,"date":"2022-01-14T06:54:37","date_gmt":"2022-01-14T09:54:37","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26252"},"modified":"2026-04-23T12:16:16","modified_gmt":"2026-04-23T15:16:16","slug":"austrac-to-expand-investigation-to-other-entities-within-the-star-group","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/austrac-to-expand-investigation-to-other-entities-within-the-star-group","title":{"rendered":"AUSTRAC to expand investigation to other entities within The Star Group"},"content":{"rendered":"\n

Through an ASX announcement, The Star Entertainment Group has revealed AUSTRAC has expanded the scope of its investigation to other entities within The Star group.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0Star Entertainment Group<\/a>\u00a0has reported AUSTRAC (Australian Transaction Reports and Analysis Centre) has advised that it has expanded the scope of its investigation to other entities within The Star Group.<\/p>\n\n\n\n

The announcement is related to\u00a0an investigation AUSTRAC started last June<\/a>\u00a0when the regulator stated it had identified “serious non-compliance regarding\u00a0ongoing customer due diligence”<\/strong>\u00a0at Star Sydney.<\/p>\n\n\n\n

Through its latest statement, Star Entertainment said: “AUSTRAC has advised that it has not made a decision regarding the appropriate regulatory response that it may apply to The Star, including whether or not enforcement action will be taken. <\/p>\n\n\n\n

“AUSTRAC has advised that it will request information and documents from The Star as part of its investigation.”<\/p>\n\n\n\n

The company said it takes its anti-money laundering obligations very seriously and “will fully co-operate with AUSTRAC concerning its requests for information and documents and the investigation.”<\/p>\n\n\n\n

Last October, the casino operator was implicated in suspected money laundering, organised crime and fraud by a joint report by three news outlets (The Age, The Sydney Morning Herald and 60 Minutes).<\/p>\n\n\n\n

They said that between 2014 and 2021 the firm wooed high-rolling gamblers <\/strong>who were allegedly linked to criminal or foreign-influenced activities.<\/p>\n\n\n\n

In a press release<\/a>, the company said the assertions were misleading and that it\u00a0“will take the appropriate steps to address all allegations<\/strong>\u00a0with relevant state and federal regulators and authorities”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Through an ASX announcement, The Star Entertainment Group has revealed AUSTRAC has expanded the scope of its investigation to other entities within The Star group.<\/p>\n","protected":false},"author":176,"featured_media":25794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"AUSTRAC has expanded its investigation into The Star Entertainment Group, now encompassing other entities within the group beyond Star Sydney, citing serious non-compliance with ongoing customer due diligence. The regulator is requesting further information and documents, though no enforcement decision has been made. This development follows earlier media allegations of the operator wooing high-rolling gamblers linked to criminal activities.","focusai_entities":"The Star Entertainment Group, AUSTRAC, The Star Group, Star Sydney, The Age, The Sydney Morning Herald, 60 Minutes","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (1.0), investor_analyst (1.0), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Potential regulatory penalties?","query":"What specific enforcement actions, including financial penalties or licensing conditions, could AUSTRAC impose on The Star Entertainment Group given the expanded scope of non-compliance?"},{"label":"Impact on other operators?","query":"How might AUSTRAC's expanded investigation into The Star Entertainment Group influence regulatory scrutiny and compliance expectations for other licensed casino operators in Australia?"}],"footnotes":""},"categories":[16336,156,158],"tags":[23793,23911,23871],"class_list":["post-26252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-austrac","tag-gambling-regulation","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26252","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=26252"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26252\/revisions"}],"predecessor-version":[{"id":26261,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26252\/revisions\/26261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25794"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}