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Star Entertainment CEO Steve McCann Exits Immediately; Bruce Mathieson Jnr Named Interim Executive Chair

The change follows regulator approval of a $300 million investment that leaders say opens a path to a reset.

Overview

  • The company said Steve McCann left effective immediately after less than 18 months in the role.
  • Chair Bruce Mathieson Jnr will serve as executive chair on an interim basis while a permanent chief is sought.
  • Regulators recently cleared a $300 million lifeline from Bally's Corp and Bruce Mathieson's Investment Holdings.
  • McCann will assist with government and regulatory matters during a handover period through July 8.
  • The Star remains under sanctions tied to a 2021 money‑laundering scandal, including licence suspensions and a $400 million AUSTRAC penalty, as shares rose about 2.4% in early trading.