Today
- Opinion
- Chanticleer
The ASX’s new infrastructure giant is also a takeover target
History says The Lottery Corporation will be attractive to the big private capital players who love infrastructure-like businesses.
- 7 mins ago
- James Thomson
Star promoted executives ‘beyond their capabilities’: O’Neill
Outgoing Star executive chairman John O’Neill says the company promoting people beyond their capability contributed to its wrongdoing and warned the clean out is not over yet.
- Hannah Wootton and Elouise Fowler
- Opinion
- Chanticleer
O’Neill struggles to explain Star’s downfall
Just days after resigning his post, executive chairman John O’Neill had trouble pinning down the root cause of the series of scandals at the casino operator.
- James Thomson
Yesterday
Board ultimately responsible for The Star’s failures: O’Neill
Mr O’Neill said it was “somewhat of an understatement to say [Star was having] a cathartic moment” and “that moment requires as much cleansing as possible”.
- Updated
- Elouise Fowler and Hannah Wootton
Star inquiry to tackle O’Neill’s stewardship of casino
John O’Neill has resigned as executive chairman of Star Entertainment, and on Monday he will still face the inquiry that has cost him and most of his colleagues their jobs.
- Hannah Wootton and Elouise Fowler
- Opinion
- Chanticleer
John O’Neill leaves Star’s rescue mission rudderless
John O’Neill’s resignation leaves The Star without a leader at a time when the casino regulator needs reassurance the company deserves to keep its casino licence.
- James Thomson
This Month
Star’s O’Neill resigns before facing inquiry
His stepping down comes just two days before he was scheduled to give evidence to the NSW inquiry, which has already cost most of his colleagues their jobs.
- Hannah Wootton and Elouise Fowler
Crown shareholders back $8.9b sale to Blackstone
Shareholder approval notwithstanding, regulators have stalled Blackstone’s $8.9 billion takeover of Crown Resorts until at least the end of June.
- Elouise Fowler
Aristocrat shares surge on $500m share buyback
The slot machine manufacturer is still on the hunt to acquire online real money gaming platforms, after its failed bid for London-listed software company Playtech.
- Elouise Fowler
Star director Sally Pitkin goes out with a bang
The jig is up for this ridiculous narrative that The Star were somehow the good guys.
- Joe Aston
Sally Pitkin, Katie Lahey, Gerard Bradley to leave Star in board clean-out
Director tells NSW inquiry that fear of the “competitive threat” of Crown Resorts opening in NSW was partly to blame for Star’s misconduct.
- Hannah Wootton and Elouise Fowler
Gerard Bradley is first Star non-executive director to bale
The director says he expects to leave the company’s board ‘within months’ of the NSW inquiry ending and amid broader board renewal.
- Updated
- Elouise Fowler and Hannah Wootton
- Exclusive
- Gaming & wagering
Tabcorp, V’Landys reach ‘buffer’ deal on demerger
A potential legal challenge is no longer a concern after an agreement was reached that protects Racing NSW from possible financial losses.
- Updated
- Lucas Baird
Bekier failed to tell directors Star misled Chinese bank
The Star’s former chief executive officer Matt Bekier failed to tell the whole board of directors that its staff had misled the People’s Bank of China to obscure the source of the money flowing into The Star’s Macau bank accounts.
- Elouise Fowler
Star director concedes he should have asked more questions
Ben Heap couldn’t explain why an executive, who gave evidence he “knowingly misled” the regulator, was still employed at the Sydney casino.
- Elouise Fowler and Lucas Baird
Star Entertainment’s Gerard Bradley an old hand
With the directors’ club drowning in red tape these days, it’s understandable that due diligence should take a back seat.
- Michael Roddan
Star director accused of ‘careless’ ASX announcements
Star Entertainment director Richard Sheppard was “possibly” careless when approving two statements to the market saying media reports were “misleading.”
- Elouise Fowler and Lucas Baird
All in the family for Bert Mondello’s Emerge Gaming
Relationships are quotidian in the business of multi-level marketing schemes.
- Michael Roddan
Bekier’s bid to shield Star’s board falls flat with inquiry
NSW inquiry chair Adam Bell, SC, challenged the former Star CEO’s claims that his subordinates and industry practices set up by Crown were to blame for the company’s misconduct.
- Updated
- Hannah Wootton and Elouise Fowler
Star manager misappropriated $13m before ‘disappearing’: inquiry
Former CEO Matt Bekier denied the casino’s VIP team was “out of control”, despite blaming all the misconduct uncovered by the NSW inquiry on the division.
- Hannah Wootton and Elouise Fowler
