Star apos;s Pledge To Do Whatever Is Necessary

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Revision as of 22:34, 31 October 2022 by ZGWKristie (talk | contribs)


'I've been in prison once, and I'm probably facing prison again, and it all had to do with me not being able to admit to myself I was a compulsive gambler,' Antar said in an interview with The Associated Press Thursday.

It pledged to take "additional necessary and appropriate action" so the NICC "can be satisfied The Star Sydney has taken sufficient steps, and has bound itself to take further steps, so that it may continue to hold its licence".

Interim appointments were in place, with changed reporting lines to create better accountability and independence for risk management, "to ensure we move swiftly to strengthen The Star Sydney's operations and risk and controls management".

The Star Entertainment Group (TSEG) says it has a plan for "a multi-year transformation of the governance, accountability and capabilities, culture and risk, and compliance management practices of the organisation".

In a July 17, 2019 text and email conversation, Antar quotes one as telling him 'other players are not getting anywhere near what you are getting' in terms of compensation for being kicked offline while gambling.

A statement issued by executive chairman Ben Heap on behalf of the board said The Star Sydney accepted the findings of the report, "including the finding of unsuitability" and acknowledged "the gravity of the conduct".

A statement from the commission said The Star had met its deadline to make submissions as to why the regulator should not take disciplinary action against it, and they would be considered before determining its response.

The company says it has taken "significant and urgent remedial steps, including increased risk, compliance, and security staff, approval of upgrades to surveillance technology as well as permanently exiting junkets and closing the Marquee nightclub".

'We recently suffered a network intrusion in which an unauthorized third party illegally accessed and downloaded confidential information from our systems, including early development footage for the next Grand Theft Auto,' Rockstar said in a statement. 

Sam Antar is the nephew of Eddie Antar (pictured right in 1992), who founded the Crazy Eddie electronics stores in the 1970s and 1980s, who defrauded investors out of more than $74million. Eddie Antar died in 2016

"We submit that the appropriate action NICC should take is to allow TSEG to continue to operate the licence, under strict supervision and being held accountable to the milestones on the remediation plan."

Antar is a convicted fraudster who faces the prospect of additional prison time in November for a scheme in which he cheated friends and relatives of money he used to feed his compulsive gambling habit.

The sector employs 201,000 Chinese and 111,000 Filipinos, according to Leechiu's data, which estimates POGOs deliver 190 billion pesos ($3.22 billion) to the economy each year, a boon to the property and retail sectors.
Real estate consultancy Leechiu Property Consultants estimates that a complete exit of the POGO industry would leave vacant 1.05 million square metres (259 acres) of office space - a third of the size of New York's Central Park - and 8.9 billion pesos ($151 million) in foregone annual rent.

The POGOs targeted for closure had licenses that either expired or were revoked, poker Pkv for violations like non-payment of government fees, Clavano said, adding the deportation of the Chinese workers would start next month.

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The hacker, who also claims to be behind a cyber incident at Uber last week, posted a message on the forum about seeking to 'negotiate a deal' with Take-Two Interactive Software, owner of Rockstar, which publishes the GTA games. 

LONDON, Aug 16 (Reuters) - A court in Russia has fined streaming service Twitch 2 million roubles ($33,000) for hosting a short video containing what it calls "fake" information about alleged war crimes in the Ukrainian town of Bucha, Russian news agencies reported on Tuesday.

The suit also references an October 8, 2019 text message from an MGM representative that read, 'OK, let's do this: I need you (to) email me that we are closing the case and that you will no longer contact (the Borgata president) or the DGE about the case,' referring to the Division of Gaming Enforcement.

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Earlier, RIA reported that Telegram messenger was hit with two fines totalling 11 million roubles ($179,000) for refusing to delete channels which allegedly showed how to "sabotage" military vehicles and hosting "unreliable data" about Russia's progress in what it calls a "special military operation" in Ukraine.