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Australian Court Orders Star Entertainment to Pay A$260 Million Penalty

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01:24:36 AM UTC
SquawkNews
An Australian federal court has fined casino operator Star Entertainment ASX:SGR A$260 million ($182.73 million) for breaching anti-money laundering and counter-terrorism financing laws, the court judgement showed on Wednesday.The beleaguered casino operator had A$239 million worth of cash and cash…