Star Entertainment has condemned the “deplorable” behaviour of its former chief executive and chairman for their role in agitating the casino regulator in a last-ditch attempt to salvage the future of its lucrative Sydney precinct.
The NSW inquiry, called by the Independent Casino Commission and run by Adam Bell, SC, is considering evidence that will help it decide whether Star has done enough to change its culture since its licence was first revoked in 2022.Mr Bell’s first report in 2022 found Star was unsuitable to hold its licence, describing its operations as “a case study of unethical conduct and cultural failure” that may have evaded taxes and facilitated $900 million of banned gambling transactions.a $3.
Imtiaz Ahmed, SC, who is also acting for Star, described Mr Cooke as a “wartime president” who may have saved the company but lacked skills in other areas.
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Source: FinancialReview - 🏆 2. / 90 Read more »
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