The Star Entertainment Group (ASX:SGR) Licence Suspension Extended
Regulatory Update
The Star Entertainment Group Limited (ASX:SGR) has been informed by the NSW Independent Casino Commission (NICC) that the suspension of the licence for The Star Sydney casino will remain in effect. The nomination of Mr Nicholas Weeks as Manager has been extended until 31 March 2026, unless terminated earlier by the NICC.
Executive Comments
Group CEO and Managing Director, Steve McCann, stated, “We acknowledge that there is more work to do but we remain committed to delivering on our Remediation Plan to support the safe and compliant operation of our business. The Star is committed to continuing its transparent and constructive relationship with the Manager, the NICC and the New South Wales Government, and demonstrating to all its stakeholders its suitability as a licence holder as soon as possible.”
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