Red flags, toothless watchdogs and wilful blindness

Reports show Star failed to combat alleged money laundering. Was this a “predictable surprise” that we should have seen coming?

The Star Casino (Imae: Star Entertainment Group)

Reports this week reveal that Star Entertainment — with casinos in Sydney, Brisbane and the Gold Coast — is suspected of the same entanglement with money-laundering, tax evasion and organised crime already exposed at rival Crown Resorts.

It’s shocking, but hardly a surprise.

A Nine Network joint investigation says Star commissioned KPMG in 2018 to provide two confidential reports, which showed Star was “profoundly failing to combat the risk of money laundering, terrorism financing and corruption with its Sydney and Queensland casinos”. Most shockingly, the investigation found that, despite the KPMG reports in 2018, such activity continued as recently as 2020 and 2021.

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