![]() ![]() Mr Wharton's departure has renewed questions about whether NSW's new government will forge ahead with casino tax increases that were announced by its predecessor. It fined the SEG $100 million, and suspended its licence. Last year, the NSWICC found SEG was unsuitable to hold its Sydney casino licence, and, that the group, which also has a venue in Queensland, was "rotten to the core". SEG came under fire last year after allegations of money laundering, which sparked an investigation by the NSW Independent Casino Commission (NSWICC), and saw Australia's corporate watchdog, ASIC, launch legal action against past and current directors in December. The organisation's Sydney casino reported a $1 billion loss for the first half of this financial year, attributed to regulatory changes and fines that left its business "in a state of significant uncertainty". It comes after a tumultuous period for parent company, The Star Entertainment Group (SEG). ![]() Mr Wharton will remain in the position until April 28, and will join employee management services corporation Smartgroup in July as CEO and managing director, on a $1 million salary package.ĭuring his time with The Star, Mr Wharton oversaw the company's renewal program, targeting governance and culture.
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