From ee6b69fbcf18930ea44a0e2965e820aa25460dbe Mon Sep 17 00:00:00 2001 From: Bettye Lingle Date: Tue, 18 Nov 2025 21:16:09 +0800 Subject: [PATCH] Add Australian casino giant Star on brink of collapse as cash runs out --- ...casino-giant-Star-on-brink-of-collapse-as-cash-runs-out.md | 4 ++++ 1 file changed, 4 insertions(+) create mode 100644 Australian-casino-giant-Star-on-brink-of-collapse-as-cash-runs-out.md diff --git a/Australian-casino-giant-Star-on-brink-of-collapse-as-cash-runs-out.md b/Australian-casino-giant-Star-on-brink-of-collapse-as-cash-runs-out.md new file mode 100644 index 0000000..7b11a57 --- /dev/null +++ b/Australian-casino-giant-Star-on-brink-of-collapse-as-cash-runs-out.md @@ -0,0 +1,4 @@ +
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She pointed out that a "white knight" had recently emerged with US gaming giant Bally’s Corporation, [blackcoin.co](https://blackcoin.co/instant-withdrawal-casinos-australia-15-fast-payout-casino-sites/) promising to inject $300 million into the firm. "$138 billion just from junkets coming through the casino environment is potentially catastrophic in so many ways, Your Honour," he told Justice Cameron Moore. About $138 billion in cash turnover had come in solely through junkets, with an additional $20 billion sourced from high-risk customers, Mr White said. Management at The Star continued to engage with high-risk gamblers without proper controls and risk assessments in place despite clear findings revealed in a public inquiry into Crown, Mr White said. This amount was a "benchmark" which could be used to determine how much The Star could pay, AUSTRAC barrister Simon White SC argued. +"I do support exploring a new gaming license in Northeast Indiana and the economic development opportunities it could bring to the region." State Sen. Michael Crider, a Republican whose district includes the Shelbyville racino, pointed to data showing that the horse-racing industry contributed $2 billion to the Indiana economy in 2021. He said he will lean toward moving the casino to Fort Wayne unless the horse breeders and racetracks are made whole by a revenue-sharing plan. +
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