Saturday, July 13, 2024

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The Star Brisbane to open on August 29th

Australian gaming operator The Star Entertainment Group has announced that it will officially open its the Star Brisbane property on August 29th of this year, as part of the ‘highly anticipated, multi-phase reveal’ of Queen’s Wharf Brisbane.

The Star appoints former Crown CEO Steve McCann as new CEO and Managing Director

Australian gaming operator The Star has announced the appointment of a new group CEO and Managing Director, Steve McCann.

The Star’s premium customer revenue declines continue, lowering 4Q24 expectations

Embattled Australian gaming operator The Star has announced that it’s expecting lower sequential revenue in the fourth quarter of its financial year (ending June 30th), as revenue from its premium customers declines, expenses from remediation efforts mount and the over economic environment continues to lag.

David Foster resigns as Chairman of The Star

The Star has announced that David Foster has resigned as director of the Board and that current interim Chief Financial Officer Neale O’Connell will be stepping in as acting CEO.

The Star appoints Jeannie Mok as new COO to ‘lead the remediation efforts’

Australian gaming operator The Star Entertainment Group has appointed Jeannie Mok as its new Chief Operating Officer (COO).

Hard Rock International denies involvement in The Star bid

Hard Rock International has issued a statement denying that it has made a takeover bid for Australian gaming operator The Star, just hours after The Star stated that a consortium linked to a Hard Rock entity had been in touch about ‘potential transactions’.

Hard Rock-linked consortium interested in ‘potential transactions, no ‘substantive discussions’ yet: The Star

The Star Entertainment Group has refuted reports that it had received a takeover bid from US-based Hard Rock, but indicates that other parties have reached out, including a local partner of the operator.

The Star’s Queensland license suspension extended to December 20th

The Star Entertainment Group has indicated that the government of Queensland has approved an extension of its license suspensions for both The Star Gold Coast and Treasury Brisbane casinos from May 31st until December 20th.

Queensland Attorney-General: Chow Tai Fook suitable partner for The Star in Brisbane

The Attorney-General of Queensland has ruled that Chow Tai Fook Enterprises Limited (CTFE) and its associates are suitable to partner with The Star Entertainment Group at its Brisbane casino.

The Star Chair concedes group not fit to hold Sydney casino license: report

The new Chair of The Star has conceded that the group is not fit to hold a Sydney casino license currently but that the company could “be transformed and possibly within six months”.