Star casino findings underscores need for
national gambling regulator
13 Sept 2022
The Australian public can have no confidence in State Governments properly regulating
casinos, a fact highlighted by the latest inquiry which has found the Star Entertainment
Group unfit to hold its Sydney Casino licence.
The NSW Independent Casino Commission (NICC) has now published Adam Bell SC’s
report following his investigation that uncovered evidence of money laundering,
criminal infiltration and fraud.
“Given the evidence of Star’s appalling failures, a show cause notice seems manifestly inadequate. It makes you wonder what criminal activity needs to happen under the noses of regulators before they lose their licence to operate,” the chief advocate of the Alliance for Gambling Reform, Tim Costello, said.
“Casino operators are obviously a protected species like no other in Australia’s corporate landscape, what other company could be found guilty of such egregious failure and not have their licence to operate taken from them. This should have been the action taken already by the regulator”
Rev. Costello said the only way the Australian public could have any faith in casino
operators across the various states and territories was for the Federal Government to
establish a national gambling regulator.
“The casinos’ business models are based on the exploitation of the vulnerable and up until now the facilitation of money laundering, organised crime and fraud. There is no more evidence needed to show that the states and their regulators are failing the Australian people,” Rev. Costello said.
“Star must lose its licence to operate but given the fact Crown held onto its licence after the uncovering of similar criminal activity within its casinos, one can have no confidence that this will happen.
“It is as if casino operators are bullet-proof. And the cleaning out of their executive ranks will do nothing to change the breaches that Star and Crown have been found guilty of in the past.”
The Alliance is a national advocacy organisation which works to prevent and minimise
the harm from gambling. Our aim is to remove the shame that surrounds gambling
addiction, have the problem treated as a public health issue, and achieve the legislative
changes needed to protect our communities. We bring together well over 60
organisations who share the objectives of preventing harm from gambling.
Media contact: Martin Thomas – 0477 340 704