Australian Star Entertainment's Gold Coast casino chief exits-March 2024-www.financetom.com

Australian Star Entertainment's Gold Coast casino chief exits

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Australian Star Entertainment's Gold Coast casino chief exits

Dec 12, 2024 11:48 PM

(Reuters) - Embattled Australian casino operator Star Entertainment on Friday said the CEO of its Star Gold Coast casino has resigned just three months into the job and days after the casino's license suspension was extended until March.

Mark Mackay was appointed as the chief executive officer of Queensland-based Star Gold Coast in September to implement regulatory reforms that would help lift the suspension of the casino's license, which was earlier set to expire on Dec. 20.

Last week, Star Entertainment said that Queensland's attorney general had extended the suspension of Star Gold Coast casino's license until the end of March next year. The term of the regulator-appointed special manager, who oversees Gold Coast's operations, was also extended to the end of June next year.

Mackay's predecessor, Jessica Mellor announced her exit in mid-April amid an exodus of the casino operator's top officials as it faced a second inquiry into its Sydney operations.

(Reporting by Sherin Sunny in Bengaluru; Editing by Abinaya Vijayaraghavan)

Previous page： Hayward Q3 Adjusted Earnings, Sales Increase; Raises 2025 Sales Guidance; Shares Rise Pre-Bell Next page： IDEX's Q3 Earnings, Revenue Rise; Narrows 2025 Adjusted EPS Guidance

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Hayward Q3 Adjusted Earnings, Sales Increase; Raises 2025 Sales Guidance; Shares Rise Pre-Bell

Oct 29, 2025

08:13 AM EDT, 10/29/2025 (MT Newswires) -- Hayward (HAYW) reported Q3 adjusted earnings Wednesday of $0.14 per diluted share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.12. Net sales for the fiscal quarter ended Sept. 27 were $244.3 million, up from $227.6 million a year earlier. Analysts surveyed by FactSet expected $231.6 million. The swimming pool...

IDEX's Q3 Earnings, Revenue Rise; Narrows 2025 Adjusted EPS Guidance

Oct 29, 2025

08:13 AM EDT, 10/29/2025 (MT Newswires) -- IDEX ( IEX ) reported Q3 adjusted earnings Wednesday of $2.03 per diluted share, compared with $1.90 a year earlier. Analysts surveyed by FactSet expected $1.93. Revenue for the quarter ended Sept. 30 was $878.7 million, compared with $798.2 million a year earlier. Analysts surveyed by FactSet expected $861.5 million. For full-year 2025,...

Private credit bosses criticise 'misinformation' over First Brands collapse

Oct 29, 2025

LONDON, Oct 29 (Reuters) - Apollo Global Management ( APO ) , Blackstone and Ares Management ( ARES ) had no exposure to U.S. companies First Brands and Tricolor at the time of their bankrupcies, executives said on Wednesday, blaming misinformation for linking private credit to their collapse. There has been a lot of misinformation on this credit, Daniel Leiter,...

Vita Coco Q3 Earnings, Net Sales Rise; Raises 2025 Net Sales Guidance

Oct 29, 2025

08:14 AM EDT, 10/29/2025 (MT Newswires) -- Vita Coco ( COCO ) reported Q3 earnings Wednesday of $0.40 per diluted share, up from $0.32 a year earlier. Three analysts polled by FactSet expected $0.29. Net sales for the quarter ended Sept. 30 were $182.3 million, compared with $132.9 million a year earlier. Analysts surveyed by FactSet expected $157 million. For...