SYDNEY—An Australian regulator hit one of the country’s main casino operators with a record fine, as authorities increase scrutiny of an industry that has faced questions over how it attracts international high-rollers, particularly from China.

Star Entertainment Group which runs a large casino in Sydney, was fined 100 million Australian dollars, equivalent to $62 million, by the New South Wales Independent Casino Commission on Monday. The regulator also suspended Star’s license to operate the Sydney casino, though it will remain open under a government-appointed manager.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Jan. 6 committee votes to subpoena Trump

IE 11 is not supported. For an optimal experience visit our site…

Cardi B wins $4 million in her defamation case. But her victory is about more than money.

Rapper Cardi B won big in court this week. She was awarded…

Steve Kornacki: The John McCain trap looms for Nikki Haley in New Hampshire

The prohibitive favorite to win the Republican presidential nomination looks to be…

Alan White, drummer for Yes and John Lennon’s Plastic Ono Band, dies at 72

SEATTLE — Alan White, the longtime drummer for progressive rock pioneers Yes…