Matt Bekier is the managing director and chief executive officer of Star Entertainment Group. Matt Bekier was previously chief financial officer and executive director of the company and also previously chief financial officer of Tabcorp Holdings Limited from late 2005 and until the demerger of the company and its controlled entities in June 2011.Prior to his role at Tabcorp, Mr Bekier previously held various roles with McKinsey & Company.He has a Master of Economics and Commerce and a PhD in Finance
Star Entertainment says it moves to the next stage in reopening at its Sydney property from Wednesday, whilst casinos in Queensland get ready to open their doors from Friday.
Macau’s largest junket operator, Suncity Group, has closed all its Australian VIP rooms for commercial reasons, MNA reports.
Star Entertainment Group chief executive Matt Bekier has defended the use of junkets, describing their use as a well-established feature of the gaming industry, local media reports. Bekier made the comments in the wake of an investigation into Crown Resorts for their alleged involvement with underground-affiliated junkets. “I can’t really talk to what Crown does, […]
Australia’s Star Entertainment Group has cut its EBITDA forecast for fiscal 2019 and says it will slash hundreds of jobs to counter the impact of a sharp slowdown in its VIP business.
The Star Entertainment Group has filed a development application for a $500 million project to bring a Ritz Carlton hotel to Sydney, significantly expanding amenities at its existing property in the city.
Star Entertainment posted a 15.9 percent increase in H1 revenue as its international business rebounded, though statutory profit was hit by an abnormally low win rate. The company posted normalized revenue of $1.36 billion ($1.07 billion), though actual revenue gained just 3.3 percent to $1.27 billion compared with the prior year. The win rate in […]
Australian casino operator The Star Entertainment Group says it is looking forward to the 2018 Commonwealth Games, which it expects will generate “phenomenal” activity at its Gold Coast casino and hotel, local media reports. The Star is one of the main sponsors of the April 4-15 Commonwealth Games. “The Games look good for us,” The […]
One of the directors of Australian casino operator The Star Entertainment Group is setting up a new company designed to help promote women to leadership roles in the casino and gaming industry, The Australian reports. “This is one of the growth sectors of the Australian economy,” said Katie Lahey. “It is linked to what is […]
The international consortium led by casino operator The Star Entertainment Group has completed the acquisition of the Sheraton Mirage Resort at the Gold Coast, according to a company filing to the ASX. The international joint venture includes Hong Kong-based Chow Tai Fook Enterprises and Far East Consortium. It is understood that Star will take a […]
The Star Entertainment Group is understood to be working out the options for a potential merger with New Zealand’s Skycity Entertainment Group, according to sources quoted by The Australian. “It is understood that The Star Entertainment Group’s chief executive, Matt Bekier, has expressed his willingness to embark on a merger with the rival casino operator […]
Star Entertainment Group chief executive Matt Bekier says the company is being “cautious” following the arrest of Crown Resorts staff in China. “Because there is a lot of misinformation and very little reliable information, everybody is extremely cautious and that goes for us and some of our customers,” Bekier told The Australian after the company’s […]
Casino executive Matt Bekier says The Star will be doubling its efforts to attract the lucrative Chinese tourist, reports local media. “The typical Chinese visitor to Australia spends about $8000 [on their trip],” Bekier told The Australian Financial Review. “Twenty five per cent of them find their way to one of our casinos and on […]
Australia-listed Star Entertainment Group says strong earnings growth continued in its full year 2016, with good revenue growth across all lines of business. In a filing to the Australian Stock Exchange on Friday, the casino operator reported normalized net profit after tax of A$241.3 million ($183.9 million), up 23.4 percent, and normalized EBITDA of A$556 […]
Australia-listed Star Entertainment Group has confirmed it will be further boosting its investment of its Gold Coast property with a new 200 meter tower, local media reports. The Star made the announcement in the Gold Coast yesterday alongside Queensland premier Annastacia Palaszczuk. “We are very confident in the long-term tourism prospects of Australia,” said The […]
Australia-listed Star Entertainment Group’s chief executive Matt Bekier has called for the Queensland Government to increase investments in order to attract cashed-up Chinese and Indian tourists, local media reports. Bekier, who spoke at an Australian Institute of Company Directors lunch on Tuesday, said the state must prepare for a tourism boom. “The reality is we […]
Australia’s Echo Entertainment says its international VIP business in fiscal 2016 through to end Oct. declined 33.8 percent due to an unusually low win rate of just 1 percent. On a normalized basis the VIP business was down 8 percent. Total domestic revenue rose 8.7 percent, CEO Matt Bekier said in an address to shareholders. […]
Echo Entertainment, which beat Crown Resorts for a license to redevelop the Queen’s Wharf precinct in downtown Brisbane, says the project will be the best in Australia and an “asset for the state that will compete with anything in Macau or Singapore, or other destinations around the world.” In a release after the Queensland government […]
Echo Entertainment Group has won the right to develop a gambling resort in the center of Brisbane, beating rival James Packer’s Crown Resorts and allowing the company to keep its two-decade casino monopoly in the city. Queensland state premier Annastacia Palaszczuk said in a media conference that Echo and its consortium, which includes Chow Tai […]
Echo Entertainment Group’s net profit for the six months ending December rose to a three-year high as a result of record bets by Asian high rollers. The Australian company said turnover from VIP gamblers at its casinos nearly doubled, with normalized gross revenue reaching A$332.2 million ($257.8 million). Overall revenue was up 25 percent to […]
Beijing’s policies are once again creating waves across the Asian gambling scene and may force a rethink of how regional operators reach mainland Chinese customers.
The Star Entertainment Group, formerly known as Echo Entertainment Group, is undergoing a group-wide renaissance, reshaping its brand identity and revamping its properties to take advantage of a forecast surge in Asian tourism. Group CEO Matt Bekier says he's convinced the next "boom" for Australia will come from tourism and is positioning the brand to benefit.
Echo Entertainment, which beat a consortium of Greenland and Crown Resorts to redevelop the Queen’s Wharf in Brisbane, says the gap between actual visitors to Australia and those who place the country at the top of their aspirational list shows the enormous potential for Asian tourism.In a recent interview at Echo Entertainment’s current headquarters at The Star casino in Sydney, new Managing Director and CEO, Matt Bekier and Star Managing Director Greg Hawkins expressed full confidence Australia's ability to pull in the Asian crowds.