Good morning. Much is ado in the world of Australian gaming regulations, with The Star facing yet another class action lawsuit over its alleged anti-money laundering breaches as investigations continue and the group strives to return to compliance. Fellow operator SkyCity has also had its casino suitability review for its Adelaide property paused, as it awaits the outcome of AUSTRAC’s civil proceedings against it. And in Macau, Chinese tour groups have finally resumed after three years.
What you need to know
- The Star faces another class action lawsuit over alleged anti-money laundering malpractice, as it continues to attempt to return to compliance.
- Chinese tour groups resume trips to Macau after three years, with tourism body offering promotions, free trips and cash coupons.
- SkyCity Adelaide casino suitability review put on hold until after the resolution of AUSTRAC’s civil proceedings against the operator.
On the radar
- LET Group, former Suncity, issues $6.38mln in stock to repay loans.
- India blocks 138 betting and gambling apps in move to ‘protect country’.
- Cambodian tax department urges gambling companies to pay taxes.
- Thai police go after Macau888 online gaming operator.
- Malaysian arrested for card-filming ring at Marina Bay Sands.
AGB Intelligence
ANTI-MONEY LAUNDERING
The Star hit with another lawsuit over alleged AML breaches
Australian casino operator The Star has been hit with yet another class action lawsuit over its alleged malpractice regarding anti-money laundering laws. The new lawsuit alleges that the company had ‘misleading representations’ of its systems and processes for compliance. It also dovetails investigations by the states that The Star operates in and the nation’s financial crimes watchdog.
Industry Updates
- Digitain welcomes Iain Hutchison as Chief Revenue Officer.
- Pariplay launches new Client Area for Fusion partners.
- ICE Landmark Awards to honor individuals and brands.
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