Star Entertainment's shares plummeted to a record low, dropping up to 26%, following the announcement of a second inquiry into its Sydney casino by the state gaming regulator. The New South Wales Independent Casino Commission (NICC) confirmed the investigation, which has led to a delay in posting the company's H1 results. This development comes amid concerns that the casino's license may be revoked. The inquiry's initiation has raised questions about the number of chances the company should be given, highlighting the gravity of the situation.