Star casinos allegedly disguised $55m in gambling funds as room charges

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Star casinos allegedly disguised $55m in gambling funds as room charges
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A government inquiry into Star Entertainment Group is examining whether it should keep its Queensland casino licences.

Star casinos allegedly disguised $55 million in gambling funds used in its Queensland venues by Chinese high-rollers as room and entertainment charges to avoid scrutiny from regulators.

The inquiry is being led by former Appeal Court judge Robert Gotterson. For the moment, it concerns Star’s Gold Coast casino and Star’s Treasury Brisbane , but not its under-construction Queen’s Wharf casino.The inquiry, held in Brisbane Magistrates Court, is being overseen by retired Appeal Court judge Robert Gotterson.

“The patron would then take a receipt of their hotel credit to the cage, accompanied by a VIP executive host, and exchange it for cash or chips. In November 2019, NAB asked Star for proof that certain clients were spending these amounts on entertainment and accommodation. It is alleged Star’s response did not indicate any money was used for gambling.In March 2020, NAB asked for specific information on Chinese-related transactions. Again, it is alleged Star’s responses did not indicate any involvement of funds for gambling.

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