Hard Rock denies rumors of Star Entertainment Group takeover
Hours after The Star revealed that a Hard Rock consortium contacted it about possible transactions, Hard Rock International released a statement denying that it had placed a...
Star’s new chair admits Sydney casino license issues
The Star‘s new chair, Anne Ward, has stated that the organization isn’t now seen to be qualified to operate a casino in Sydney.
She did, however, voice optimism that the business would change and possibly reach the required standards in less than six months.
During the Bell Two special inquiry in New South Wales, Anne Ward made these remarks. Even while she had previously called the company’s management “fairly dysfunctional,” she added that beginning July 2023, things have changed for the better.
In order to rectify the company’s shortcomings, Ward made it clear that she intended to build an honest, transparent, and cooperative relationship with the relevant regulators.
Former Chair David Foster was relieved of his duties after testifying before the NSW investigation, and Anne Ward took his place. In answer to the initial Bell Inquiry concerning the corporation’s eligibility for a license, Foster’s testimony included statements referring to the company as “prepping for war” with regulators.
Deborah Page, another executive at The Star, concurred with Ward’s analysis, stating that the corporation had alienated regulators by failing to interact with them properly.
These events point to a dramatic change in The Star’s strategy and style of leadership as it attempts to soothe regulatory concerns and enhance its reputation with reference to its Sydney casino license.
Star Entertainment faces potential takeover by Hard Rock
Following reports that US casino operator Hard Rock Hotels and Casinos had made an approach, Australia's Star Entertainment Group confirmed that it has received a number of...
