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The company gave a $52,695 gold Rolex and cake to a high roller that had been stopped by NSW police from gambling at its flagship casino in Sydney.
A government inquiry into Star Entertainment Group is examining whether it should keep its Queensland casino licences.
The reputational damage the casino group has sustained has eaten away at the value of the business, and more uncertainty lies ahead.
Public hearings are set to begin on Star’s suitability to keep its casino licences in Brisbane and the Gold Coast
The amount represents almost 11 per cent of Star’s revenue in the 2021 financial year, and the at-risk revenue could be even higher in a “scorched earth” scenario.