{"id":777003482,"date":"2023-03-20T13:22:32","date_gmt":"2023-03-20T16:22:32","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777003482"},"modified":"2026-04-22T23:37:21","modified_gmt":"2026-04-23T02:37:21","slug":"the-star-admits-allowing-credit-card-chip-purchases","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-star-admits-allowing-credit-card-chip-purchases","title":{"rendered":"The Star admits allowing credit card chip purchases"},"content":{"rendered":"\n

The Star Entertainment Group failed to comply with Section 66 of the Casino Control Act 1982, which prohibits the use of credit cards to buy chips.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Star Entertainment Group<\/strong> has admitted to more breaches of industry regulations. The casino operator entered a guilty plea to seven charges brought against it under the Casino Control Act of 1982. Queensland attorney-general Shannon Fentiman MP<\/strong> said the charges were in relation to Section 66, which prohibits the use of credit cards to buy casino chips.<\/p>\n\n\n\n

The offences took place in two periods: from June 2, 2017, to December 29, 2018, and from March 23, 2022, to April 2, 2022. The sentencing is scheduled for June 2<\/strong>.<\/p>\n\n\n\n

Last December, Queensland announced disciplinary action<\/a> against the company after the state\u2019s review of the operator found it unsuitable to continue holding a casino licence<\/a>. Fentiman and the state regulator, the Office of Liquor and Gaming Regulation (OLGR), imposed a fine of AU$100m<\/strong> (US$68m).<\/p>\n\n\n\n

Fentiman said: \u201cThe Queensland Government is committed to ensuring Queensland casinos are operated lawfully, ethically and in a way that maintains the highest standards of integrity and public confidence.”<\/p>\n\n\n\n

In February, the casino operator reported that the law firm Phi Finney McDonald<\/strong> had filed a securities class action lawsuit<\/a> against it alleging that between March 29, 2016, and June 13, 2022, the Star made misleading statements about its anti-money laundering and counter-terrorism financing compliance processes, failed to disclose important information to the market and acted against the interests of its members. The company said it plans to defend itself in the proceedings.<\/p>\n\n\n\n

Two previous securities class actions were filed by Slater & Gordon in March 2022) and Maurice Blackburn<\/a> in November 2022). <\/p>\n","protected":false},"excerpt":{"rendered":"

The Star Entertainment Group failed to comply with Section 66 of the Casino Control Act 1982, which prohibits the use of credit cards to buy chips.<\/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":"The Star Entertainment Group has admitted to seven breaches of Queensland's Casino Control Act 1982, specifically regarding the prohibited use of credit cards for chip purchases, with sentencing scheduled for June 2. This follows a AU$100m fine and a finding of unsuitability for its casino licence, alongside multiple ongoing securities class action lawsuits alleging misleading statements on AML\/CTF compliance.","focusai_entities":"The Star Entertainment Group, Shannon Fentiman MP, Office of Liquor and Gaming Regulation (OLGR), Phi Finney McDonald, Slater & Gordon, Maurice Blackburn","focusai_location":"Australia, Queensland","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (0.95), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Star's Financial Impact?","query":"What is the projected financial impact of the upcoming sentencing and the cumulative effect of the three securities class action lawsuits on The Star Entertainment Group's balance sheet and future profitability?"},{"label":"Regulatory Compliance Frameworks?","query":"Beyond the credit card prohibition, what specific enhancements to The Star Entertainment Group's AML\/CTF compliance processes and governance frameworks will the OLGR mandate to ensure ongoing licence suitability?"}],"footnotes":""},"categories":[16336,439],"tags":[23871],"class_list":["post-777003482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legal-news","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003482","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=777003482"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003482\/revisions"}],"predecessor-version":[{"id":777003504,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003482\/revisions\/777003504"}],"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=777003482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777003482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777003482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}