Sunday, December 8, 2024

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Star Entertainment Group appoints Robert Cooke as Managing Director and CEO

Newly appointed Star’s managing director and CEO, Robert Cooke, stated that “ensuring continuity of the business through a comprehensive renewal program is of paramount importance” as he tackles the company’s “well documented challenges” throughout his tenure.

The Star CEO resigns amidst ongoing reforms

Australian gaming operator The Star has announced that its CEO Robbie Cooke is resigning, with the group’s Chairman David Foster to take on his responsibilities as the company seeks a new executive for the role.

Is The Star ‘too big to fail’? What could happen next

Australia’s beleaguered gaming operator The Star has already been facing hardships but is likely to be facing more ahead, as the New South Wales Independent Casino Commission (NICC) will announce to address the findings of the Bell Two inquiry ‘and any subsequent disciplinary outcomes’ sometime this month.

The Star not yet informed of report findings on its Sydney casino operations

Australian gaming operator The Star Entertainment Group Limited says that it has not yet received or been informed of the contents of the most recent inquiry over its Sydney operations.

The Star Chief Risk Officer Scott Saunders resigns

The Star Entertainment Group Limited announced that its Chief Risk Officer Scott Saunders has tendered his resignation, about one and a half years since his appointment.

The Star addresses market speculation and price query

Australian gaming group Star Entertainment Group Limited (The Star) has addressed recent market speculation and fluctuations in its securities trading.

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.

The Star appoints Anne Ward as new chair, replacing David Foster

Australian gaming operator The Star Entertainment Group has appointed Anne Ward as its new chairman of the Board, effective immediately, replacing David Foster.

The Star records net loss of $4.4M due to the absence of high-end players

Australia’s Star Entertainment Group faced another setback as it disclosed a net loss of AU$6.8 million ($4.4 million) in the first quarter of 2024, attributed to the ongoing absence of high-end players.

Daily Asia Gaming eBrief: PAGCOR aims for $5.9 bln in GGR for 2024

The secret is to aim high. In 2024, the Philippine Amusement and Gaming Corporation (PAGCOR) is projecting gross gaming revenues (GGR) to hit $5.9 billion.

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