After the second inquiry, there was speculation that the NICC could revoke Star Sydney’s licence altogether. The casino was discovered to have failed in its remediation efforts from the first investigation and blackcoin.co devolved further into a toxic culture. However, several factors, including the introduction of Star Entertainment CEO Steve McCann last June, led regulators to extend the suspension ultimately through September. But in a breathtaking display of arrogance, Star's replacement management instead went to war with the casino regulator, forcing it to call for a second inquiry. Along with the $15 million fine – to be paid in three instalments – the anti-money laundering authority AUSTRAC is expected to hit the group with a fine of more than $200 million. NICC’s appointed manager of The Star, Nick Weeks, will continue to have oversight of its casino operations, which allows the company to continue operate gaming facilities while its licence is suspended. The licence of Sydney's The Star will remain suspended and the casino has been hit with a $15 million fine amid ongoing compliance failures.
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