July
Steve McCann’s big London trip
McCann took the reins of Star Entertainment on July 8. And on July 15, he was off to London, with the board’s acquiescence.
- Myriam Robin
Star was warned of lack of executive experience before NSW inquiry
A report from special manager Nick Weeks blames regulatory and financial pressure as reasons for a lack of good quality candidates on Star’s board.
- Zoe Samios
Class action claims Aristocrat breaking gambling laws
Lightning Link, Heart of Vegas and other social casino games are a lucrative and growing business. But some users allege the company is being misleading.
- Zoe Samios and Primrose Riordan
Jon Adgemis’ Paddington pub housing El Primo Sanchez up for sale
The move follows a complex refinancing effort of Mr Adgemis’ Public Hospitality empire involving Deutsche Bank, Muzinich and Archibald Capital’s Ben Madsen.
- Primrose Riordan
- Opinion
- Chanticleer
Steve McCann takes his biggest punt with embattled casino giant Star
As far as turnarounds go, this is bigger than Boral, Bapcor and Seven West Media combined. “I had room for one more,” he says when asked why he took the job.
- Anthony Macdonald
- Exclusive
- Casinos
Gaming no longer ‘glorious part of the business’: Star boss
Steve McCann says the company’s casino business might never return to the boom times and its future is likely to lie in its restaurants and hotels.
- Anthony Macdonald and Zoe Samios
Betting apps should let gamblers know ‘if they’re up or down’
Online gambling accounts should display the amount of money that punters have won or lost to better inform problem gamblers, a technology entrepreneur has proposed.
- John Kehoe
Perth billionaire Escalante battles copycats and hostile letters in US
The businessman created a lucrative gambling market stateside from scratch. Now competition and regulation may force the company to change tack.
- Primrose Riordan
June
- Updated
- Casinos
Casino regulators clear way for Bruce Mathieson to buy up more of Star
The decision by NSW and Queensland authorities means the billionaire can increase his stake in the gaming operator from the 9.7 per cent he currently holds.
- Updated
- Zoe Samios
Star casino chair lets loose on LinkedIn
Star Entertainment is celebrating its award-winning staff inclusion. What would the leader of the board think about it?
- Mark Di Stefano
- Updated
- Casinos
Former Lendlease boss Steve McCann takes top job at Star Entertainment
The businessman also ran the casino group’s rival, Crown Resorts, before it was sold to Blackstone. He will receive a $2.5 million sign-on bonus.
- Updated
- Zoe Samios
- Opinion
- Gambling
How the AFL got hooked on harmful gambling
The insidious link between professional sport and betting was exposed by Gillon McLachlan’s appointment as chief executive of Tabcorp.
- John Kehoe
- Opinion
- Chanticleer
Star pays through the nose for a bit of McCann magic
The gaming group’s new boss held all the cards in negotiating his arrival. Now shareholders need him to negotiate as effectively on their behalf.
- Anthony Macdonald
High-roller exodus rolls on at struggling Star casinos
Star says its main gaming floors are attracting customers, but not enough to offset dramatic declines from its premium gaming rooms.
- Zoe Samios
Market finds solace in McLachlan’s experience growing AFL bets
But others, like David Pocock, are increasingly unhappy about the “nexus” between the powerhouse football code and major wagering companies like Tabcorp.
- Zoe Samios
- Updated
- Gaming & wagering
Former AFL boss Gillon McLachlan takes on ‘legacy brand’ Tabcorp
He arrives at the company in the midst of a painful transformation and after the departure of Adam Rytenskild, who was being investigated for offensive language.
- Updated
- Zoe Samios
- Opinion
- Chanticleer
Gillon McLachlan’s new Tabcorp job is a risky bet for both sides
The former AFL boss steps into a business that feels like it’s in a perpetual turnaround. He could end up looking like a hero, but the odds are not on his side.
- James Thomson
- Exclusive
- Private equity
Private equity giant Blackstone enlists former AFL boss Gill McLachlan
The businessman stepped down as chief executive of the AFL at the end of last year. He’s been linked to a range of roles across sport and wagering.
- Zoe Samios
