What is happening with Star Entertainment Group Sidney?
Stars Sydney came under financial pressure after losing its Licence and operating ability. Strained by compliance irregularities found in 2022 and management failures, the company’s license was suspended, and a review was due today. The NICC ( The New South Wales Independent Casino commission) appointed manager Nick Weeks remains in place to oversee the transition and progress until 30 September 2025.
Chow Tai Fook Enterprises, a Hong Kong based investor group has raised $53 Million to keep Star Entertainment afloat.