Business
April 28, 2026
The Star Entertainment Group’s Q3 Report Shows Significant EBITDA Improvement
Australian casino & hospitality business The Star Entertainment Group has published its financial report for the three months ended March 31, 2026 (Q3). The company’s financials outlined a significant reduction in the company’s EBITDA loss. The Star’s EBITDA Loss Narrowed According to the report, The Star’s Q3 revenue was AUD 266 million ($190.7 million), […]
Business
April 16, 2026
The Star Entertainment Adds MGM China Ex-CEO to Board
The Star Entertainment Group Limited, an Australian casino and hospitality company, announced a new addition to its board of directors. The company said that the appointment aligns with its ongoing recovery efforts and ambition to achieve strong sustainability. Another Strong Addition to The Star’s New Management According to The Star’s official ASX announcement, industry heavyweight […]
Business
April 2, 2026
The Star Entertainment Group Wraps Up Its DBC Exit
The Star Entertainment Group announced in an ASX release that it has completed the previously announced disposal of its interest in Destination Brisbane Consortium (DBC). The deal, which sees The Star sell its stake in Queen’s Wharf Brisbane, has some downsides, but will ultimately reduce The Star’s debt amid a turbulent period. The Star Exits […]
Business
March 17, 2026
Star Entertainment Might Take $400M Loan from WhiteHawk Capital
Executives from California-based private credit firm WhiteHawk Capital have traveled to Australia to tour Star Entertainment’s casinos as they weigh the possibility of lending the struggling operator more than $400 million, according to local news outlet Australian Financial Review. WhiteHawk Capital Visit Star Entertainment’s Casinos According to the reports, WhiteHawk’s Managing Director Alex Zuckerman visited […]
Legal
March 12, 2026
AUSTRAC Admits Legal Action Against Star Entertainment Has Been Slow, But Necessary
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has acknowledged that the legal proceedings against The Star Entertainment Group are taking longer than anticipated. However, the body stood by its decision to take legal action against the casino company due to the severity of its violations. The Star Has Been Facing Severe Regulatory Setbacks for Years […]
Casino
January 21, 2026
New Star Entertainment Chairman Appalled by Company’s Mismanagement
The newly appointed chair of troubled Australian casino operator Star Entertainment Group, Soo Kim, who also chairs US casino giant Bally’s Corp, said about the former’s financial situation is the greatest bit of mismanagement he’s ever seen. Kim Criticizes Star Entertainment’s Management Speaking at the World Gaming Forum on the opening day of the international […]
Business
January 2, 2026
The Star Entertainment Group Parts Ways with Two C-Suite Members
The Star Entertainment Group has parted ways with more members of its leadership team, including its CFO and CCO. The latest set of changes was announced on December 29, coming two weeks after the departure of the company’s chief executive officer. More Executives Leave the Team In its latest ASX announcement, The Star confirmed that […]
Business
December 16, 2025
The Star Entertainment Group’s CEO Steps Down
The Star Entertainment Group Limited, an Australian casino and hospitality business, announced major leadership changes, including the departure of its group chief executive officer. The company is already on the lookout for a successor. McCann Exits, Mathieson Assumes Additional Responsibilities According to the announcement, Steve McCann is stepping down as The Star’s group CEO and […]
Legal
December 15, 2025
Australian Fortune Teller Believed to Have Laundered Money at Star Sydney
An Australian fortune teller and feng shui master is facing significant charges due to alleged involvement in a criminal syndicate. Among other things, the woman is believed to have encouraged clients to take gambling loans and to have laundered some AUD 800,000 at The Star Entertainment Group’s Star Sydney casino. Authorities Arrested a Woman with […]
Business
December 1, 2025
Star Entertainment Refreshes Board with Bally’s Leaders
Australia’s Star Entertainment Group has shaken up its boardroom, bringing in Bally’s Corp Chairman Soo Kim and President George Papanier, while former chair Anne Ward and non-executive director Deborah Page have stepped down. The changes were confirmed at a board meeting last Friday, the company said in a Monday ASX filing. “Shaping a New Future […]
