The Star Sydney, previously known as Star City PayID casino premium offers, stands as a multifaceted entertainment complex in Pyrmont, Sydney. It is Australia's second-largest casino, offering a vast array of gaming options, including poker, blackjack, and roulette, along with electronic gaming machines. Beyond its gaming facilities, The Star Sydney is celebrated for its luxury accommodations, comprising several hotels and serviced apartments that cater to diverse guest preferences. The complex also boasts a rich selection of dining venues, ranging from casual eateries to fine dining restaurants, alongside vibrant bars and nightclubs. Additionally, The Golden Star Casino Sydney features a state-of-the-art event center, hosting a variety of performances, conferences, and events, making it a premier destination for both entertainment and business gatherings in the heart of Sydney. At the same time, daily gambling cash limits at the flagship Sydney casino are due to drop to A$1,000 by August as the authorities attempt to limit personal losses and eliminate money-laundering opportunities. Visit The Star Casino Sydney and experience fun and excitement at the second largest casino in Australia.
There could be profound implications for corporate Australia, pertaining to how much trust directors can place in management assurances that a business is running well. By this time, the high-roller market had dried up in the aftermath of COVID-19 and amid a crackdown by Chinese authorities. But the NSW government announced sweeping new regulations to be imposed on the company, including mandatory carded play, extensive due diligence on patrons, and $1000 cash limits. Two years earlier, the company had come off second best online casino sites Australia 2026 in a bruising contest with Crown, whose chairman, James Packer, had won government approval to operate a competing casino in NSW and was developing a luxury hotel at Barangaroo. But Star had leveraged this to its benefit by securing government funding to develop its own resort-style entertainment complex in Pyrmont.
Like its counterpart, Victorian-based Crown Resorts, the Bell inquiry found Star had allowed organised crime bosses, including triad gangs from Macau, to run gambling operations out of its premises. The first Bell inquiry found the company unfit to hold a casino licence, suspended it indefinitely and allowed it to operate only after a government representative was appointed to oversee Star's overhauled management. Ironically, the cause for much of the financial pain is Star's newly constructed Brisbane limitless casino Microgaming in the $3.8 billion Queen's Wharf precinct, which opened with great hoopla just on Thursday. For the second time in two years, an independent inquiry by high profile barrister Adam Bell SC has found the top Aussie casino live dealer review 2026 unfit to hold a licence. Its casino assets require massive write-downs in their value, while tighter gaming regulations and a slowing economy have hit its revenues.
The Star also boasts 351 hotel rooms and 130 serviced and privately owned apartments, and is famous for overlooking Darling Harbour. Further inquiries led to the loss of its licences and this ASIC legal battle, as well as legal action by financial crime regulator AUSTRAC over the money-laundering breaches. The admission by Theodore, who faces a fine and ban from managing a corporation, is not a big surprise. At the 2022 hearing into whether Star should retain its casino licence, he admitted to acting unethically when approving communications from the pullman reef casino fine dining to NAB that tried to disguise banned gambling transactions as hotel expenses. In 2022, an NSW inquiry concluded that Star Entertainment was unsuitable to possess a gaming license in the state. The probe found widespread evidence that The Star Sydney did little to combat money laundering at its casino and keep criminal syndicates off the property. Australia’s second-largest casino operator, Star has agreed to pay an AU$15 million (US$10 million) penalty after the NSW Independent Casino Commission (NICC) determined that the company remains noncompliant regarding regulatory obedience.
The Star has innovated with digital channels for event bookings, hotel management, dining reservations, and customer support. While it does not offer real-money online casino gaming within Australia, digital platforms provide seamless guest experiences before and during visits. Travel to the Sydney Harbour foreshore, just moments from Darling Harbour and the central business district and you'll discover The Star, Sydney's premier entertainment destination. Featuring award-winning restaurants, bars and cafes, five-star accommodations, a luxury spa, and a world-class best Aussie casino comparison 2026, it's easy to see why The Star has become Sydney's favourite playground.
It has burned through so much cash that despite raising more than A$2 billion in equity and debt since the start of 2023, it warned last week that it had just A$79 million left – barely enough to see it through this quarter. The trouble started in October 2021, when the Sydney Morning Herald reported Star enabled suspected money laundering, organised crime and fraud at its casinos for years. SYDNEY – Australia’s biggest listed casino operator, Star Entertainment Group, once had it all. The previous Queensland government this year waved through CTFE as a suitable casino operator, declaring the evidence did not substantiate that the company had deliberately concealed its relationship with jailed "junket king" Alvin Chau. "We need to make sure that we understand what the revised revenue model is for our business across gaming and non-gaming over time," he said.
