Star Entertainment Group

Company

Last mentioned: Mar 10, 2026

Key Data

ticker
SGR.AX
name
Star Entertainment Group
price
0.25
change
-0.02
changePct
-7.41

Timeline

  1. Court Dismissal

    Federal Court dismisses ASIC's case against the directors, citing insufficient evidence of personal breach.

  2. ASIC Warning

    ASIC Chair Joe Longo issues a statement placing all corporate boards 'on notice' regarding diligence standards.

  3. Federal Court Ruling

    Justice Lee declares Bekier and Martin breached their duties in a landmark judgment.

  4. Federal Court Ruling

    Justice Michael Lee finds Bekier and Martin breached their duties in a landmark 501-page decision.

  5. Federal Court Ruling

    Justice Michael Lee finds Matthias Bekier and Paula Martin breached their corporate duties.

  6. License Suspension

    Star's casino licenses remain suspended or under management as remediation continues.

  7. ASIC Proceedings Launched

    ASIC initiates civil penalty proceedings against 11 directors for breach of duty.

  8. Bell Inquiry Report

    Star Entertainment found unfit to hold a casino license in NSW due to systemic failures.

  9. ASIC Lawsuit

    ASIC commences civil penalty proceedings against Matthias Bekier, Paula Martin, and nine others.

  10. ASIC Lawsuit

    ASIC initiates legal action against Matthias Bekier, Paula Martin, and nine other directors.

  11. ASIC Lawsuit

    The regulator initiates legal action against 11 former Star executives and directors.

  12. NAB Deception

    Star provides misleading information to NAB regarding the use of China UnionPay cards for gambling.

  13. Banking Misrepresentation

    Star provides false information to NAB and China UnionPay regarding the use of cards for gambling.

  14. NAB/UnionPay Deception

    Star falsely claims China UnionPay cards are used for non-gambling purposes to maintain banking access.

  15. Suncity Misconduct

    Suspicious conduct by junket staff, including cash deliveries in cooler bags, occurs at Star casinos.

  16. Suncity Misconduct

    Junket staff observed delivering cash in cooler bags and evading CCTV at Star casinos.

  17. Suncity Misconduct

    Suspicious cash deliveries and CCTV evasion by junket staff occur at Star casinos.

Stories mentioning Star Entertainment Group 5

regulation Neutral

ASIC Defeat in Star Entertainment Case Sets New Bar for Board Accountability

The Federal Court has dismissed ASIC’s civil penalty proceedings against former directors of Star Entertainment Group, marking a significant legal setback for the regulator. However, ASIC maintains the case has clarified the high standards of diligence expected of corporate boards, effectively placing directors across Australia on notice.

2 sources
regulation Neutral

Star Entertainment Governance Crisis: Former CEO Scrutiny Signals Board Shift

The intense public interrogation of Star Entertainment Group’s former leadership serves as a stark warning to corporate boards regarding personal liability and oversight failures. As regulators tighten the noose on the gaming sector, the proceedings highlight a shift toward holding individual executives accountable for systemic compliance breakdowns.

2 sources
regulation Bearish

Federal Court Finds Ex-Star CEO Breached Duties Over 'Unethical' Culture

The Federal Court of Australia has ruled that former Star Entertainment CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by overseeing a 'dysfunctional' culture. The ruling centers on the failure to disclose criminal risks associated with the Suncity junket and misleading National Australia Bank regarding prohibited gambling transactions.

2 sources
regulation Bearish

Federal Court Finds Ex-Star CEO Breached Duties Over Dysfunctional Culture

The Federal Court of Australia has ruled that former Star Entertainment Group CEO Matthias Bekier breached his corporate duties by overseeing a 'dysfunctional and unethical' culture. The landmark decision highlights systemic failures in reporting criminal risks to the board and misleading financial partners about gambling transactions.

2 sources
regulation Bearish

Federal Court Finds Ex-Star CEO and GC Breached Duties Over 'Unethical' Culture

The Federal Court of Australia has ruled that former Star Entertainment Group CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by failing to disclose significant criminal risks and misleading lenders. Justice Michael Lee described the company's culture as 'dysfunctional and unethical' in a landmark 501-page decision.

2 sources