Star Entertainment Group has not released its full remediation plan to the public, despite a damning review. Star Entertainment and Queensland government accused of lacking transparency over casino giant’s remediation plan A Queensland inquiry found The Star actively encouraged people banned from gaming in Victoria and NSW to gamble at its casinos in the Sunshine State.
"The remediation plan is a Star Entertainment Group document which can only be distributed by them," she said in a statement. Last year, the embattled entertainment group had its temporary licence suspension in Queensland deferred until May after Attorney-General Yvette D'Ath approved its remediation plan. The Star was found unsuitable to hold a Queensland casino licence in 2022, after an independent review found "major failings" from the company. Star Entertainment Group and the Queensland government have been accused of lacking transparency for not releasing the casino giant's full remediation plan to the public, following a damning review.
Star has struggled to stay afloat for months, and had $234 million in cash at the start of the month. Star’s inability to close the sale of its majority stake in the Queen’s Wharf casino in Brisbane to its Hong Kong-based business partners by that deadline could cost the company $36.5 million. It confirmed it was considering using safe harbour provisions to attempt a company restructure. On Thursday the company’s board of directors told the ASX it was reviewing its financial and liquidity position to finalise its preliminary financial report for the year. Steven Miles confirmed the state was negotiating a delay to a $300m tax bill owed by the company.
Just a few days later, Star reached a deal with US casino giant Bally's for at least $250 million in exchange for a controlling stake in the company. In January this year, the company told the ASX it had just $79 million left in available cash and had burned thro
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