#NICC

European Gaming

Star Sydney’s Independent Monitor Not Endorsed by NSW Casino Regulator

The NSW Independent Casino Commission (NICC) has informed Star Entertainment Group that it does not endorse the appointment of the company's own independent monitor and will not recognize the monitor's actions. According to information filed by Star, operator of The Star Sydney, the company was informed of the NICC's view by the Special Manager…

Industry ・ 29 November 2022

Financial Review

Star Entertainment Star gambles on after Sydney casino licence suspended, $100m fine

The record penalty, the maximum under new NSW laws passed in August, and suspension of Star's Sydney licence by NSW Independent Casino Commission chairman Phillip Crawford on Monday come after Star was found unfit to run the Sydney casino after a humiliating four-month inquiry led by Adam Bell, SC. The outcome echoes the Victorian government's…

Law ・ 04 November 2022

Casino Guru

NSW casino regulator suspends The Star license

It's triple trouble for The Star, which is not only on the ropes but very well might be out of the fight entirely. The NSW Independent Casino Commission (NICC) has decided following the damning Bell Report, which has resulted in the regulator opting to fine The Star for AU$100m ($62.37m), suspend the company's license and further appoint a…

Industry ・ 18 October 2022

Gambling News

NSW Gov to Trial Cashless Gaming Machines

The government of New South Wales launches a cashless gaming trial in the state to fight against money laundering practices and gambling-related risks. Approximately 200 Wests Newcastle leagues club members received access to the new cashless gaming technology on Saturday, October 8, as part of the three-month trial, which will test the operation…

Travel ・ 10 October 2022

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The Sydney Morning Herald

Star Entertainment (ASX: SGR) roundly rebuked as casino future remains under cloud

Star Entertainment Group has been roundly rebuked by politicians, legal experts and analysts after a NSW inquiry found the casino giant unfit to hold a licence for its flagship casino in Sydney but came short of imposing penalties. The NSW Independent Casino Commission (NICC) published Adam Bell SC's report on Tuesday which found The Star…

Travel ・ 14 September 2022

Vegas Slots Online

Star Entertainment Unfit to Hold a Sydney Casino License

Following a widespread inquiry into its operations, Star Entertainment Group has been deemed to not be fit to hold a casino license in Sydney. The New South Wales (NSW) Independent Casino Commission (NICC) on Tuesday published the report from Adam Bell SC. considering its options for disciplinary action in response to Bell's findings and…

Travel ・ 13 September 2022

Reuters

'Frankly shocking': Inquiry says Star unfit to hold Sydney casino licence

SYDNEY, Sept 13 (Reuters) - Star Entertainment Group (SGR.AX), Australia's second biggest casino operator, has been found unfit to hold a casino licence in Sydney after an inquiry into alleged breaches of anti-money laundering laws and criminal infiltration released its report. Australia's New South Wales (NSW) state gambling regulator on Tuesday…

Travel ・ 13 September 2022

Yogonet

The NSW Independent Casino Commission kickstarts activities; The Star's review report to go out this month

The head of the NSW Independent Casino Commission, whichcame into force on Monday, has warned NSW casinos that they will not be able to hide from the authority, which will impart "very severe" punishments for wrongdoing. The NICC will have unprecedented powers to monitor casino activities and act against operators who engage in misconduct,…

Gaming Authorities ・ 06 September 2022

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iGaming Business

NSW government proposes increasing land-based casino fines to AUS$100m

Scheduled to be submitted to parliament next week, the legislation would grant additional powers to the NSW Independent Casino Commission (NICC), allowing it to issue the larger fines to casinos. Other reforms in the legislation include regular reviews of casino licences to be conducted as public inquiries with Royal Commission-like powers, while…

Land-based ・ 04 August 2022