1 The Star ASX: SGR: How a Sydney casino was brought undone
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There is also the Astral Tower which provides additional accommodation in the form of 180 hotel rooms, suites and penthouses as well as three high-end studios. This is despite investors tipping in $1.5 billion in 2023 alone to help it bounce back from a $2.4 billion financial loss. This included $600 million worth of regulatory expenses, including fines totalling $200 million in NSW and Queensland. Star Sydney has been the subject of two suitability inquiries in the last three years and has been deemed unsuitable both times, most recently in October. Weeks has been in place since the first ruling, handed down in late 2022. As well as facing multiple investigations from the corporate regulator and blackcoin.co the anti-money laundering authority, it is also facing several class actions.