
13
NovemberStar at risk of losing casino licences over alleged money laundering
Former acting chief executive Geoff Hogg admitted Star wasn't fully up-front with the Queensland regulator when it changed a policy in order to conceal $55million in banned transactions from a Chinese bank.
'Rather than offering magazines designed to cater for mass consumption, there has been a razor-sharp focus on creating respected content on specialist subjects, such as gaming, which has been a big draw for advertising partners.'
But things are changing rapidly, according to US-based video game industry accessibility consultant Brandon Cole, with mainstream games that incorporate the needs of vision impaired players, and a range of audio-only games on the market.
While Cole grew up patiently playing his way through mainstream games that weren't designed with his needs in mind, he said some younger blind gamers have grown up with audio-only, although whether these are in fact better is a question of taste.
He later blamed a poor culture at the casino for its failure to clamp down on money laundering and misleading banks and the regulator, revealing he personally green-lit an $11million line of credit to a high roller and okayed illegal lending.
Senior management admitted junket operator Suncity continued operating inside Star despite a Hong Kong Jockey Club report in 2019 linking the group to triads, 'large scale' money laundering and drug trafficking.
But the 'magazine queen' - as she has been dubbed - has since transformed the publisher into a £2.2billion empire of 250 titles including everything from Country Life and Marie Claire to TechRadar and FourFourTwo.
"While Stadia's approach to streaming games for consumers was built on a strong technology foundation, it hasn't gained the traction with users that we expected," Phil Harrison, vice president and general manager of Stadia, said in a blog post.
Star Entertainment could have its gaming licences torn up at two of its Queensland Casinos with an inquiry set to hand down a damning report on Thursday alleging money laundering, tax fraud and offering gifts for suspected criminals.
"Today I have received the final report from the external review of the Queensland operations of The Star Entertainment Group from the Honourable Robert Gotterson KC," Ms Fentiman said in a statement on Friday.
Star managing director Matt Beiker resigned inside the third week of hearings after an auditor said he'd been berated by the casino boss for reporting the organisation was not doing enough to comply with anti-money laundering and counter-terrorism financing laws.
Speaking to the Daily Mail, Byng-Thorne said: 'We have built a consistent track record of doubling our business every couple of years, and are excited about our ability to sustain our growth as we aim to reach one in two people online in the US.
website Stadia was launched in 2019 along with an internal game development unit that was expected to make titles for the platform. (Reporting by Tiyashi Datta and Savyata Mishra in Bengaluru; Editing by Maju Samuel)
'The Star does under the legislation have an opportunity, natural justice, to put forward a case about what should happen next so I don't want to preempt that but it is open to government to cancel their license, to suspend their license,' she said.
Sept 29 (Reuters) - Alphabet Inc's Google said on Thursday it would wind down its consumer gaming service, Stadia, as it failed to attract enough interest from gamers after nearly three years of being launched.
"Video games are the one of the greatest mediums for escapism, because not only do they allow you to experience a story the same way a book or a movie would... you get to play those characters and interact with that world," he told AAP.
Davidson said the latest update showed the 'unjustifiable' fall in Future's shares was driven by market jitters, not the performance of the business, adding: poker pkv 'The business has transformed from a publisher heavily reliant on print advertising to a multi-platform media business generating the largest proportion of its revenue from digital advertising.'
Star Entertainment could have its gaming licences torn up at two of its Queensland Casinos with an inquiry set to hand down a damning report on Thursday alleging money laundering, tax fraud and offering gifts for suspected criminals.
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She replied that she was 'dealing with the report before us which deals with recommendations around casinos and there's enough in this report to keep me busy, particularly with the finding of unsuitability.
Roddy Davidson, from Shore Capital, said Byng-Thorne and her team deserve 'a lot of credit' for their turnaround of the business. And she has been rewarded handsomely, taking home £35.6million in the past eight years.