Star will immediately receive A$35 million, injecting much needed cash to the embattled company, which counts Australian billionaire Bruce Mathieson among its shareholders. Embattled casino operator Star Entertainment is facing a fresh blow, with a deal to exit a major Brisbane development on the brink of collapse. Further inquiries led to the loss of its licences and Blackcoin this ASIC legal battle, as well as legal action by financial crime regulator AUSTRAC over the money-laundering breaches. The group said revenue across Star Sydney’s gaming floor has dropped 10 per cent since the introduction of carded play in its VIP gaming floor last month.