Star Entertainment Casino Probe Delayed | West Central Daily
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The scheduled appearance of Star Entertainment executive chairman John O’Neil at an inquiry into the company’s ability to retain its Sydney casino license has been delayed. The NSW gaming regulator is investigating ASX-listed Star after media claims the company enabled suspicions of money laundering, organized crime, fraud and foreign interference on its sites, including The Star Sydney. Mr O’Neill was due to appear on Monday, but the hearing was adjourned until Tuesday and then pushed back to May 23, with a spokesman for the NSW Department of Investment and Trade saying the inquiry had been “delayed “. They declined to say why the delay occurred. Hearings would resume next week with testimony from Star director Richard Sheppard and Mr. O’Neill, followed by closing submissions from counsel attending the review, the spokesperson told AAP. Overwhelming evidence during the investigation has so far led to the resignations of the gambling giant’s chief executive Matt Bekier, chief financial officer Harry Theodore, casino director Greg Hawkins and chief legal and risk officer Paula Martin. Many Star directors are also expected to resign after witnessing mismanagement, paving the way for renewal of the struggling company. Directors Sally Pitkin and Gerard Bradley have already announced their intention to step down from the board. Mr O’Neill, a former Australian Rugby Union boss, was named the casino’s interim executive chairman last month after Mr Bekier stepped down. Mr O’Neill, who was already chairman, is the latest witness in the inquest’s hearing program that worked its way through the casino’s top brass from mid-March. The inquest was adjourned on Friday after Ms Pitkin choked back tears when asked what she thought was wrong with the gambling company, saying there had been indifference to the with regard to money laundering. “This indifference is due to a failure to understand the damage caused by money laundering,” she said. Australian Associated Press
The scheduled appearance of Star Entertainment executive chairman John O’Neil at an inquiry into the company’s ability to retain its Sydney casino license has been delayed.
The NSW gaming regulator is investigating ASX-listed Star after media claims the company enabled suspicions of money laundering, organized crime, fraud and foreign interference on its sites, including The Star Sydney.
Mr O’Neill was due to appear on Monday, but the hearing was adjourned until Tuesday and then pushed back to May 23, with a spokesman for the NSW Department of Investment and Trade saying the inquiry had been “delayed “.
They declined to say why the delay occurred.
Hearings would resume next week with testimony from Star director Richard Sheppard and Mr. O’Neill, followed by closing submissions from counsel attending the review, the spokesperson told AAP.
Overwhelming evidence during the investigation has so far led to the resignations of the gambling giant’s chief executive Matt Bekier, chief financial officer Harry Theodore, casino director Greg Hawkins and chief legal and risk officer Paula Martin.
Many Star directors are also expected to resign after witnessing mismanagement, paving the way for renewal of the struggling company.
Directors Sally Pitkin and Gerard Bradley have already announced their intention to step down from the board.
Mr O’Neill, a former Australian Rugby Union boss, was named the casino’s interim executive chairman last month after Mr Bekier stepped down.
Mr O’Neill, who was already chairman, is the latest witness in the inquest’s hearing program that worked its way through the casino’s top brass from mid-March.
The inquest was adjourned on Friday after Ms Pitkin choked back tears when asked what she thought was wrong with the gambling company, saying there had been indifference to the with regard to money laundering.
“This indifference is due to a failure to understand the damage caused by money laundering,” she said.
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