The fire is out' but problems remain at casino group
要点
- Star Entertainment Group chair Soo Kim has told shareholders that the fire is out and rebuilding has begun, though the casino operator still faces a possible penalty for historical anti-money laundering breaches. Kim said the group's biggest problem is its treatment of high-spending VIP gamblers, many of whom are choosing Crown resorts instead.
- AUSTRAC has requested a $400 million penalty, an amount Star says would push it into administration.
- The Federal Court is due to announce the penalty on Wednesday.
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