Conforming to the latest casino news, the Queensland Government has initiated a licensing casino review of the Start Entertainment Casino. Also, the investigation has been provoked by statements about money laundering. These rumors related to the group emerged in New South Wales after 36 days of investigation.
Likewise, Queensland Attorney-General, Shannon Fentiman, said that the case is very serious. And, the Office of Liquor and Gaming Regulation will lead the investigation, along with AUSTRAC and the Queensland Police. Also, Fentiman warned that there would be an independent review of The Star‘s suitability for keeping its casino license.
Organized crime, money laundering, and international fraud
According to online casino experts, the main objective is to determine if the group installations are involved in criminal activities. Some of them could be organized crime, money laundering, and international fraud.
Equally, last week, the lawyer who participated in the investigation, showed some evidence. He tried to support the theory that Start Entertainment is not sustainable to have a casino license. Undoubtedly, this case impacts some business relationships of the company.
Start Entertainment Group: An International Business at Risk
Moreover, if the accusations against the Start Entertainment Group are proven, other businesses of the group could be affected. Including the construction of Queens Wharf, a project valued at $3.6 billion, a structure that could collapse if it lost its license. This building was started in 2015 and is currently partially built.