About You

The refunding was being sought to help it trade through the next six months and retain its casino licence in Sydney. Star was one of six companies who were today suspended from trading by the ASX. Each were in breach of Listing Rule 17.5 for not lodging the relevant periodic report by the due date. Star announced as recently as 19 August that its report for the financial year ended 30 June 2024 would be published on 31 August. The casino group had already requested a trading halt on Friday after Adam Bell SC’s latest damning report covering its operations was published on the same day by the NSW Independent Casino Commission (NICC). A second inquiry last year uncovered several additional license breaches, including falsifying records. The casino has been overseen by a government-appointed manager since the 2022 report.

Profile Info