Australian Casino Operator Hit With $62 Million Fine in Reckoning for Gambling Industry

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

One of Australia's main casino operators has been hit with a record fine as authorities increase scrutiny of an industry that has faced questions over how it attracts international high-rollers, particularly from China

SYDNEY—An Australian regulator hit one of the country’s main casino operators with a record fine, as authorities increase scrutiny of an industry that hasStar Entertainment Group Ltd.

, which runs a large casino in Sydney, was fined 100 million Australian dollars, equivalent to $62 million, by the New South Wales Independent Casino Commission on Monday. The regulator also suspended Star’s license to operate the Sydney casino, though it will remain open under a government-appointed manager.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines