A NSW inquiry into whether the company’s Sydney casino can continue to operate began on Monday. The casino was found unsuitable to hold a licence two years ago.
Star Entertainment’s former chief executive and chairman privately schemed to wage war on the casino regulator and considered engaging shareholders in a class action against a government-appointed manager.
Emails and text messages tendered to an inquiry called by the Independent Casino Commission in NSW also showed that Star executives were monitoring special manager Nick Weeks’ schedule and investigating who he was meeting. Those messages were between Robbie Cooke, who quit as chief executive last month, and David Foster, who remains the gaming group’s chairman. The inquiry, which is being led by Adam Bell, SC, was called by the state’s casino regulator which was unsatisfied by progress made to overhaul the company’s culture.
Mr Weeks was installed at the Sydney casino after the first inquiry. On Monday, he said he was surprised by the emails and messages sent by Mr Cooke and Mr Foster because he believed he had a “strong working relationship” with the board and executive. “It’s difficult to reconcile everything that the company has told me and everything it tells the market and the regulator in relation to its motivations to reform,” he said. “I find it extraordinary that the chairman of a listed company and a CEO exchanging messages contemplating a class action from shareholders against me personally and the NICC in circumstances where their public position … is that they’re working co-operatively.
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