The Star Sydney has been given a six month deadline from the NSW Independent Casino Commission (NICC) to return to suitability or risk being shut down altogther.
The Pyrmont casino has been run by an independent manager since the NICC suspended its licence in October 2022 following an inquiry which highlighted breaches in anti-money laundering and counterterrorism laws. The regulator warned it was unconvinced by The Star’s progress in revamping its culture.
A spokesperson said: “The NICC is not satisfied The Star has reached a point where the licence suspension can be lifted and it can run its casino without the supervision of the manager. If they can’t prove they are capable of operating with a conditional licence over the next six months, the manager will be retired, and the doors will close.”
Last month NSW and Queensland regulators gave Star’s casinos more time to implement remediation steps. The NSW regulator said the 640 steps detailed in the remediation plan will give way to profit-fuelled culture.
A spokesperson for Star Sydney said: “We know the implementation of the remediation plan in NSW and Queensland requires the utmost rigour and discipline. We’re also pleased to continue working with Nick Weeks following the extension last month of his role as manager of The Star Sydney casino.”