45
[Satire] Star Casino crushed by woke regulators who won’t let them wash cash for organised crime anymore
(www.betootaadvocate.com)
this post was submitted on 03 Mar 2025
45 points (100.0% liked)
Australia
4079 readers
192 users here now
A place to discuss Australia and important Australian issues.
Before you post:
If you're posting anything related to:
- The Environment, post it to Aussie Environment
- Politics, post it to Australian Politics
- World News/Events, post it to World News
- A question to Australians (from outside) post it to Ask an Australian
If you're posting Australian News (not opinion or discussion pieces) post it to Australian News
Rules
This community is run under the rules of aussie.zone. In addition to those rules:
- When posting news articles use the source headline and place your commentary in a separate comment
Banner Photo
Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition
Recommended and Related Communities
Be sure to check out and subscribe to our related communities on aussie.zone:
- Australian News
- World News (from an Australian Perspective)
- Australian Politics
- Aussie Environment
- Ask an Australian
- AusFinance
- Pictures
- AusLegal
- Aussie Frugal Living
- Cars (Australia)
- Coffee
- Chat
- Aussie Zone Meta
- bapcsalesaustralia
- Food Australia
- Aussie Memes
Plus other communities for sport and major cities.
https://aussie.zone/communities
Moderation
Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.
Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I remember hearing they entered into negotiations for a bailout last year or something but refused because the government told them no executive bonuses…
How on earth does a casino go bankrupt without throwing gifts at patrons like Oprah Winfrey
For the same reason captive animals die quickly in the wild; the same reason Mozilla fixates on its social justice campaigns and pays its CEO millions while presiding over a collapse in market share. When the basis of your ability to survive is guaranteed, you get lazy. Malfeasance grows like mould. There's no need for prudent capital management when your competition is eliminated by government dictat. The tiger gets fed by the zookeepers, its teeth can go blunt.
The management layer is notoriously shit in casinos. Governments literally babysit them by appointing people to senior management when it gets particularly bad (ie. when even the public pegs the real object of casinos: bringing offshore money into the country to help government fund itself).