The company was given 14 days until Tuesday to explain why it should not have its license revoked or face fines up to AUD 100 million. The NSW Independent Casino Commission pointed out that the casino group was still “institutionally arrogant ” despite the four-month inquiry led by Adam Bell, SC, which found Star unfit to run its Sydney Casino. It hired 53 consultants in financial crime, risk and compliance who started work on Tuesday to coincide with the casino’s response to the NSW casino regulator’s “show cause” notice. The group promised “immediate actions” including a cultural overhaul as part of a two-year plan with 130 proposed changes. The measures include new management at The Star Sydney, more checks on customers and doubling its financial crimes team.īen Heap, the company’s interim executive chairman - who took over the position after former CEO Geoff Hogg resigned this week - conceded that The Star had “not acted with the necessary urgency” and has “a lot to do to restore a constructive and open relationship” with the regulator, Australian Financial Review reported.

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