Located in Pyrmont, Sydney the casino complex is a short stroll from Darling Harbour and the CBD or an even quicker taxi journey away. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. In a statement, the Star Entertainment Group Limited said they will "continue to engage constructively with the NICC in respect of The Star Sydney and its operations while its licence remains suspended". The NSW Independent Casino Commission (NICC) has imposed a range of conditions on The Star and will re-assess its suitability to regain its casino licence by March 31 next year.
Star allowed Suncity to secretly operate an unbranded VIP room, known as "Salon 95," which continued to exist after then-Star CEO Matt Bekier told regulators his company had severed business links with the junket. "If you want to run a casino, you’ve got to put in place very costly and significant systems, processes and controls," said White, as reported by The Australian. "There was a manifest failure on the part of Star to do that and that warrants this court imposing a very high penalty, much higher than $100 million. The Bally’s-led bailout came on the very day cash-strapped Star was predicted to run out of money completely as it struggled with a dire liquidity crunch. With both extensions in tow, Star now has more time to evaluate its current options, which are numerous. In some ways, the company has already committed to a smaller, more streamlined version of itself. The Queensland state government in a release mentioned similar reasons as the NICC in approving the latest postponement.