Did Star’s board and executives sufficiently focus on the well-known risks of money-laundering and criminal association in the operation of its casinos in Sydney and Queensland? Elizabeth Sheedy is on the advisory board of the Financial Integrity Hub and was previously on the board of the Australian Compliance Institute. In the past she has received research funding from financial institutions that have been accused of money-laundering, and droomit.com from the Australian Compliance Institute. The Star casino in Sydney is the company's core asset and historically generated approximately most of group earnings as the city's only casino. However, Star's exclusivity in Sydney has come to an end with a second Sydney casino license issued to Crown Resorts, opening in August 2022. This is a major blow to Star, ending its long-standing monopoly in Sydney.
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