Trading has halted on The Star Entertainment’s shares, pending the release of the Bell report.
The report is set to determine whether the company should continue to hold a casino licence in New South Wales (NSW).
The Star sought to halt trading after a report emerged in a local newspaper, The Australian, claiming that the NSW Independent Liquor Gaming Authority (ILGA) had found the company should lose its casino licence.
Per the report, the ILGA review allegedly says The Star should lose its licence until it overhauls its current board and implements compliance reforms.