The Star Entertainment Group Ltd Stock Forum

Aariya : is that survived for sure or another game   easy sell for institutions

152275476 : could be the other way around. not a good sign at moment.

往后稍稍吧老弟_ : i bought at 0.9 any chance i can still get my money back SGR management?

151753472 : already announce on hkex. 53mil to save star’s ass

Aariya 151753472 : price falling further? after debts?

152314251 Aariya : Star Stocks surged at the opening and has already been invested in 50% by CHOW TAI FOOK, avoiding the crisis.

Aariya 152314251 : i heard they have only 3 month runway cash

fk D J TRUMP : all donald trumps fault. he should be hang

Lonewolfcow OP fk D J TRUMP : lol

SS Family Fund : amen to this!!! it is is an interesting take, and I agree that the government’s response felt heavy-handed, but it’s important to clear up a few points.
First, the ACCC (Australian Competition and Consumer Commission) had nothing to do with the casino crackdowns—they regulate competition and consumer law, not gambling. The real action came from state gaming regulators and AUSTRAC, who found serious breaches of anti-money laundering laws at Star and Crown. These casinos were knowingly facilitating money laundering, tax evasion, and junket operations linked to organized crime, which meant some form of crackdown was inevitable
That said, the way the government handled it was a mess indeed!!! Instead of gradual reform, they went in with a sledgehammer approach, delivering massive fines and public inquiries that shattered investor confidence. A more structured compliance plan—with clear benchmarks and phased penalties—would have achieved the same regulatory goals without pushing the industry to the brink.
Another factor here is China’s own crackdown on gambling, which already cut off VIP high-roller revenue. The Australian government could have worked with Star and Crown to help them pivot their business models, rather than just slamming them with penalties that created a sudden vacuum in tourism dollars.
Now, we see Queensland’s $3.6 billion Queen’s Wharf Brisbane project in limbo, just years before the 2032 Olympics, because the regulatory actions went too far, too fast. If the government overplays its hand, they risk scaring off major investors and leaving Queensland without a viable casino hub at a crucial moment.
Yes, the casinos needed oversight, but responsible operators could have been given a chance to adjust, rather than being publicly executed. There’s a difference between holding businesses accountable and making Australia look like a hostile place for investment. The way this was handled unfortunately leans toward the latter.

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