Australian gaming operator Star Entertainment Group has been issued a show cause notice from the Office of Liquor and Gaming Regulation in the state of Australia, related to the state finding the company unsuitable to hold its gaming licence.
Star now has until November 25th to provide evidence to the gaming regulator to show that it's worthy of holding a licence in order to stave off punitive action. Such action could include a fine of up to $100 million AUD, a letter of censure, use of a special manager to operate the casino, or suspension of the casino's licence.
The casino group was found to have had multiple major failings in a report called "The Gotterson Review", which found that the company misled regulators regarding its anti-money laundering policies, among other infractions.
In a statement, Queensland Attorney General Shannon Fentiman said, "The Gotterson Review highlighted major failings in the Star's operations at The Star Gold Coast and Treasury Brisbane casinos. The notices issued today provide these entities with the opportunity to show cause as to why disciplinary action should not be taken against them.
"While it is important that we do not pre-empt the outcomes of these show cause notices, new legislation ensures the government has a range of disciplinary options available following that process."
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