Star CEO McCann Leaves as Bally’s Takes Control of Casino Firm
Summary
Star Entertainment Group Ltd. announced the departure of Chief Executive Officer Steve McCann, effective Tuesday, following Bally’s Corp.’s acquisition of control of the Australian casino firm. McCann, who held the role for just over a year, will assist with the transition, particularly regarding government and regulatory matters, until July 2026. Bruce Mathieson Jr. will take on additional responsibilities as executive chair during the search for a permanent CEO. This change in leadership comes as Bally’s Corp. takes the reins of the struggling casino operator, signaling a new chapter for Star Entertainment.
(Source:Bloomberg)