If The Star Sydney in New South Wales (NSW) has been playing by the book. And its owner, Star Entertainment Group, has nothing to worry about. If the casino hasn’t, though, Star will be more than a little concerned. The casino is about to be scrutinized by Adam Bell SC. Bell helped take down Crown Resorts in NSW after determining that the casino operator’s unworthiness of a real money gambling license in Australia
Inspection Of Star Sydney
Ever since Crown Resorts falling apart, we have to expect that Australia’s casino industry is going to inspect other gaming providers. Moreover, financial and gaming regulators have gone on the offensive. Therefore, they are taking a closer look at all casino operations across the country. Hence, the NSW Independent Liquor & Gaming Authority (ILGA) is making good on its promise. And ask Bell to determine if The Star Sydney is operating within the boundaries of compliance. And whether it will allow retaining its casino license.
In addition, Bell is leading counsel in NSW’s grilling of Crown. His input is largely responsible for the company’s downfall in the state. Moreover, the upcoming investigation is part of a recurring requirement that all casinos in NSW review every five years. However, this time, arms with additional knowledge and insight, Bell’s examination is likely to be a completely different type of assault than previous investigations.
New South Wales Is Supporting The Investigation Recommendations
Crown is giving the axe in NSW following the recommendations include the Bergin Report, naming for Patricia Bergin. And the former Supreme Court Judge who is in charge of the investigation. In addition, the state government accepts all of the recommendations in that report. Which include everything from stripping Crown of its license to establishing new regulatory oversight going forward. Moreover, happy with how the Crown investigation is conducting, the NSW government isn’t likely to hesitate once Bell delivers his final review.
ILGA chair Philip Crawford says that Mr Bell is the leading senior counsel assisting the Bergin Inquiry into Crown Resorts’ Barangaroo casino. And, as such, has extensive knowledge of casino regulatory matters in NSW including the issues of concern identifying in the Bergin Report. Hence, this experience provides Mr Bell with a deep understanding of the current casino landscape which will be invaluable for this role.
AUSTRAC Indicates Crown Not The Only To Manipulate Rules
Australia’s financial watchdog, AUSTRAC (the Australian Transaction Reports and Analysis Centre), already indicates that Crown isn’t the only casino operator to be manipulating the rules. That will likely give Bell a starting point for the new Star investigation or, at the very least, be a large part of it. Also, while the Crown investigations drag on in other states, it doesn’t expect that the results of the Star Sydney scrutiny will take long to reveal. The findings expect to deliver by this coming January.
In conclusion, Star Sydney in New South Wales faces scrutiny because it is fallen apart. And, New South Wales is supporting the investigation findings.