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Star allowed Suncity to secretly operate an unbranded VIP room, known as \"Salon 95,\" which continued to exist after then-Star CEO Matt Bekier told regulators his company had severed business links with the junket. \"If you want to run a casino, you’ve got to put in place very costly and significant systems, processes and controls,\" said White, as reported by The Australian. \"There was a manifest failure on the part of Star to do that and that warrants this court imposing a very high penalty, much higher than $100 million.
Bally\'s says its proven track record of revitalising businesses means there is a \"brighter future\" for the Australian operator. Over the past decade, the giant has bought out and revamped casinos across 11 US states, recently acquired a UK casino and is building a venue in Chicago. Bally\'s started in 2004 by acquiring a British horse and greyhound racing company and its tracks before it began investing in casinos. The Star is exploring a possible injection of $100 million by its largest shareholder Bruce Mathieson, which would result in Bally\'s contribution dropping to $200 million. The remaining funds will be paid either following a shareholder vote or split into two payments before October 7. Bally\'s, which owns and manages 19 casinos in the US, will get a 56.7 per cent stake in The Star. An independent expert report released in May valued The Star between $1.17 billion and $1.38 billion, with liabilities of about $490 million, the court was told.

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