There’s been a certain comfort to the foregone conclusions of regulatory investigations into Australia’s casino industry.
. Smart money may consider betting on a similar outcome at SkyCity, whose Adelaide casino has been the subject of an AUSTRAC probe since 2019 and a separate review by retired South Australian Supreme Court judgeThe anti-money laundering regulator’s enforcement team was brought in after AUSTRAC examined the casino’s treatment of “high-risk and politically exposed” customers between 2015 and 2019.
He’s also had to contend with upheaval at his primary employer Nuix, where he was recently promoted to the role of chief financial officer after the departure of, who was last month cleared of insider trading allegations by the Australian Securities and Investments Commission as itBut SkyCity, which also operates casinos in the New Zealand towns of Auckland, Queenstown and Hamilton, would likely find Barton’s insights through these regulatory snafus invaluable.
Although The Star was “aware of the serious problems with Salon 95”, Barton signed the renewal agreement the following year. This time, the agreement gave SunCity the right to conduct “all activities” in the VIP Salon, a deal The Star later conceded should not have been renewed “absent fully informed consideration of the matter by the board”.
But before it was seen as a problem, Barton was much more enthusiastic about this arrangement, giving a May 2018 presentation to The Star board outlining the “new customer journey” enabled by the EEIS money lending system, which gained board approval the same month. The Star later accepted the disguised connection between itself and EEIS was “not transparent”.
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