Yesterday
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
- Exclusive
- Super yachts
Star Entertainment’s luxury yacht fire sale finds way to Federal Court
The family office of a wealthy Cypriot businessman has accused the gaming group of reneging on a sales agreement, and wants millions of dollars in compensation.
- Max Mason and Zoe Samios
This Month
- Opinion
- Chanticleer
Blood in the water: Star needs a CEO to stop sharks tearing it apart
Star’s board, beaten and bruised, has a short window to try to keep the entity together. If it misses this, sharks will move in. They’re already circling.
- Updated
- Anthony Macdonald
Star Entertainment debt investor tries offloading stake
At least one lender is feeling nervous after the list of executives leaving Star got bigger, and its shares fell 20 per cent in the past month.
- Jonathan Shapiro and Zoe Samios
Man arrested in Sydney’s west over clubs data breach
Disgruntled software developers who claim not to have been paid are being blamed for releasing details of more than 1 million pub and club patrons in NSW.
- Updated
- Max Mason, David Marin-Guzman and Zoe Samios
- Opinion
- Chanticleer
Star chief’s sacking reveals boardroom exit wounds
“There is a narrative behind every departure,” former Star boss Robbie Cooke says. Unfortunately for Cooke, we’ve been given a rare glimpse into his.
- Anthony Macdonald
April
Board ousts Star chairman as inquiry blowback continues
David Foster will be replaced by director Anne Ward. She was one of the few directors who wanted former CEO Robbie Cooke to step down in December.
- Updated
- Zoe Samios
- Opinion
- Chanticleer
Is this the person to save fallen Star Entertainment?
The clean-up of the gaming company is one for the ages. And there’s a name keeps coming up as a potential salvage CEO - former Lendlease boss Steve McCann.
- Updated
- Anthony Macdonald
- Exclusive
- Casinos
Blackstone’s Crown to shed 1000 jobs in Sydney, Melbourne, Perth
Job losses will be split between the corporate division and the three casino precincts. Crown says the decision was driven by economic-related pressures.
- Zoe Samios
- Updated
- Gaming & wagering
Former Star CEO says he felt ‘under assault’ from casino regulator
Robbie Cooke left last month after NSW officials made it clear they did not think he was moving fast enough to fix governance and cultural issues at the group.
- Updated
- Zoe Samios
- Opinion
- Chanticleer
Robbie Cooke’s last stand shows Star Entertainment’s big problem
The gaming group’s former chief executive said he felt under attack by the company’s regulator. Has this us-and-them mentality really left the business?
- James Thomson
- Updated
- Gaming & wagering
‘Not a scenario’: Star concedes it’s unfit to operate Sydney
The gaming giant’s chairman has also told a NSW inquiry that he was “trigger-happy” when he sent messages suggesting the regulator be scrapped.
- Updated
- Zoe Samios
- Opinion
- Chanticleer
‘Wish I put my phone down’: Star chairman’s lament won’t save job
David Foster says his messages about the regulator were made in the heat of the moment. But his evidence showed increasing tensions between Star and the regulator.
- Updated
- James Thomson
Crown Resorts finally gets the green light to run Sydney casino
The Blackstone-owned gaming giant had been subject to a string of restrictions after a NSW inquiry called into doubt its ability to properly run a casino.
- Zoe Samios
- Opinion
- Chanticleer
We still don’t know if Star has hit the bottom
Star’s chief risk officer says the casino operator is closer to the start of its turnaround plan than the end. That’s a worry for investors.
- James Thomson
Star’s risk chief says fraud could happen again if culture not fixed
Scott Saunders, chief risk officer of Star Entertainment, said he’s never worked in an organisation that was under as much pressure.
- Zoe Samios
Another casino operator is in trouble. Nobody is talking about it
Star Entertainment has been tearing itself apart. But SkyCity is also in a world of pain, with lenders sceptical, money tight and management in disarray.
- Zoe Samios
Star rejects claims it misled regulator
A senior executive told the inquiry she knew up to 25,000 source of wealth checks were incomplete as contact details for the customers were unable to be found.
- Zoe Samios
Star Entertainment is eating itself alive
How far will the regulator push the company? How much damage have squabbling executives done? An inquiry into the Sydney casino operator is getting ugly.
- Kylar Loussikian and Zoe Samios
Mathieson buys more Star shares as inquiry fallout spreads
The independent inquiry into the casino group heard from more current and former executives about dysfunction within the business.
- Zoe Samios and Liam Walsh