Today
Aristocrat pops as pokies giant takes share in lucrative US market
Shares soared nearly 12 per cent after it rewarded shareholders with a 6¢ increase to its fully franked interim dividend. It expects to continue to grow there.
- Zoe Samios
Yesterday
Star Entertainment makes last-ditch argument to keep casino licence
Bret Walker, SC, appearing for the company, condemned the “deplorable” behaviour of former executives who an inquiry heard went to war with the regulator.
- Zoe Samios
This Month
Casino regulator bans Star staff from tables over collusion
The NSW Independent Casino Commission has banned the two employees from operating games in the state for a decade.
- Zoe Samios
Labor slams the NRL’s ‘deeply concerning’ Sportsbet tie-up
Communications Minister Michelle Rowland is deciding what to do with recommendations from an online gambling inquiry, including a blanket advertising ban.
- Zoe Samios
- Exclusive
- Casinos
Star Entertainment implosion leads to closure of fine diner Tetsuya’s
The relationship between the casino’s former CEO and chief financial officer deteriorated over an unnamed “material” project, a NSW inquiry heard last month.
- Zoe Samios
Tabcorp recruits Laundy in pub fight
The ASX-listed wagering group will upgrade its betting terminals and broadcast displays across the Laundy Hotels portfolio, but lock its rival out.
- Zoe Samios
- 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
- 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