A second inquiry is to be held into Sydney’s Star Casino. Surprisingly, unlike the first inquiry in 2022, the next round of hearings will not be open to the public.
Shares of the casino operator fell as much as 25.9% to A$0.415 in early trade, posting their biggest intraday drop ever, as trading resumed after a halt on Monday. The new inquiry will investigate the suitability of Star to be associated with the management or operations of its Star Sydney casino. This would be the second inquiry into Star's Sydney casino operations since 2022.
The casino operator has indefinitely delayed the release of its half-yearly results after it was blindsided by the NSW regulator’s decision to launch a second probe into its operations.
Casino s future on the line - ABC listen abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.