Qld inquiry mulls 'shock' Star NSW report

·2-min read

A Queensland inquiry into Star Entertainment will examine a "extremely serious and shocking" report, which found the casino company unfit to operate in NSW.

The NSW gaming regulator found that Star had repeatedly breached the law, misled banks and was infiltrated by criminal elements for years.

The company has also been issued with a show cause notice giving it 14 days to explain why it shouldn't face disciplinary actions, such as the revocation of its NSW casino licence.

Queensland Attorney-General Shannon Fentiman says the NSW report will be examined by an inquiry into Star's suitability to hold a casino licence in her state.

"The evidence and findings in the independent review of The Star Entertainment Group by Adam Bell SC in NSW are extremely serious and shocking," a spokesman told AAP.

"Queensland's independent expert review of Star by the Honourable Robert Gotterson will carefully consider the findings and recommendations in Mr Bell's review, which is in line with its terms of reference."

Star owns and operates the Treasury Brisbane and The Star Gold Coast casinos, and is building a $3.6 billion Queen's Wharf resort development in Brisbane, which is expected to open next year.

Ms Fentiman ordered an inquiry into the ASX-listed company after revelations from the NSW probe earlier this year.

Central to the Queensland review was whether its alleged behaviour in NSW also occurred in the northern state.

Public hearings last month in Brisbane heard Star staff concealed $55 million in prohibited gambling transactions from Chinese lender China UnionPay.

The company changed its financial transaction rules in 2016 to conceal the practice but did not tell the Queensland gambling regulator.

The inquiry was also told Star allowed people banned from its casinos by interstate police commissioners due to their alleged association with criminal gangs to continue gambling in Queensland for years, the inquiry heard.

It "pursued" some of those people by giving them free flights by private jet, free luxury accommodation, and the company even gave one man a $50,000 Rolex watch.

Queensland's Gotterson Inquiry is due to hand its final report to Ms Fentiman on September 30.