March 11, 2026

In Australian Securities and Investments Commission v Bekier (Liability Judgment) [2026] FCA 196, the Federal Court of Australia has found that the Managing Director and CEO of Star, a casino operator, and its Company Secretary and Group General Counsel,…

Case note: Two Star executives penalised for breach of company’s AML/CTF Obligations

By David Jacobson

March 10, 2025

In Australian Securities and Investments Commission v Hawkins [2025] FCA 121 the Federal Court of Australia penalised two former executives of The Star Entertainment Group Ltd (Star) after they admitted to breaches of their duties in proceedings brought by…

Shufti Pro Blog

Star Entertainment Group Experiences $1.26B Loss after Money Laundering Investigation

By Richard Marley

February 23, 2023

Star Entertainment Group experienced a major loss of $1.26 billion during the first half of 2023, driven by charges and fines at its Sydney casino probe.
One year earlier, the company lost $74 million during the same period and their

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Shufti Pro Blog

Fighting Fraud in Gaming & Gambling Industry with AML Screening Services

By Richard Marley

February 6, 2023

The online gaming sector is on the roll and is projected to surpass $172.23 billion by 2030. Irrespective of how it is operated, offline or online, the casino and gambling sector is becoming a hub for fraudulent activities; this alone

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Shufti Pro Blog

5 AML Compliance Trends for 2023 – New Regulations and Technological Advancements

By Richard Marley

December 27, 2022

From digital payments to new regulations on preventing fraud and FINRA’s guidelines on penalising the violators, 2022 saw a lot of activity in the domain of AML compliance.
Despite regulatory watchdogs penalising financial firms for AML violations in 2022, it

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Bright Law Blog

Star Entertainment Group entities and directors and officers sued by Austrac and ASIC over money laundering breaches

By David Jacobson

December 18, 2022

Following gaming regulator investigations into Star in NSW and Queensland, casino operator The Star has been sued by Austrac over alleged non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws and 11 current and former Star Entertainment directors and…

Shufti Pro Blog

AUSTRAC Sues Star Casino for Alleged Anti-Money Laundering Breaches

By Richard Marley

November 30, 2022

AUSTRAC has sued Star casino group with more civil penalties for doing business with ‘high-risk customers’ who launder illegally obtained funds.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) lodged a case against the ASX-listed gambling giant in the federal

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Shufti Pro Blog

Star Entertainment Group Hit with Record Fine of $100M for Money Laundering

By Richard Marley

October 17, 2022

Australia’s gambling giant Star Entertainment Group has been charged $100 million for failing to prevent money laundering at its casinos in Sydney. The group’s permit to run the casinos has also been revoked.
Australia’s Casino operators have come under intense

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Global Regulation Tomorrow

Stars don’t align for casino as it is left out of pocket once again

By Ray Giblett (AU) & Timothy Chan (AU)

March 28, 2022

Another COVID-19 insurance case comes to a close, at least for now, with the Full Federal Court handing down its decision in Star Entertainment Group Limited v Chubb Insurance Australia Ltd [2022] FCAFC 16. The Full Federal Court also handed…

Casino left without a cent as Federal Court rules on Business Interruption coverage claim

By Ray Giblett (AU) & Timothy Chan (AU)

August 31, 2021

A significant Covid-19 related business interruption claim has been decided in favour of insurers. In Star Entertainment Group Limited v Chubb Insurance Australia Ltd [2021] FCA 907, the Federal Court dismissed Star Entertainment Group’s claim for business interruption losses under…