The Australian Transaction Reports and Analysis Centre AUSTRAC disclosed the Star probe on Source among a flurry of new investigations, including a widening of an existing inquiry into Crown, which has owher fielding takeover approaches as a way to resolve allegations of star casino map governance failings.
An investigation into Star, owner of Sydney's only casino, over similar issues the star casino owner most likely heighten the challenge of getting regulatory clearance for the company's audacious buyout approach for Crown last month.
AUSTRAC found potential compliance breaches at Star's Sydney casino during an assessment of its handling of "high risk and politically exposed" customers from totriggering an "enforcement investigation," Star said in a market filing.
The agency had not decided what action star casino map take but had "indicated that it will request information and documents from The Star as part of its investigation," Star added, noting that it would fully cooperate.
AUSTRAC confirmed the investigations, which it said were the result of "proactive regulatory work in the casino sector", but declined to comment further. SkyCity's New Zealand-listed shares did not trade because of a public holiday. In addition to the AUSTRAC scrutiny, Crown is navigating the star casino owner subsequent regulator star casino map into its operations in Melbourne and Perth, two class-action lawsuits, several takeover proposals, and rolling restrictions on trading related to Covid lockdowns.
Skip Navigation. Markets Pre-Markets U. Key Points. The Crown Resorts logo is displayed at the entrance to the Crown Casibo hotel, part of the Crown Melbourne casino and entertainment complex, in Melbourne, Australia.