A New Leader for Star Entertainment

Star Entertainment, a big name in Australia's casino world, has a new boss. The company announced that Mathieson Jr. is stepping into the chair role. This change comes after Anne Ward decided to leave her position. Star Entertainment has been going through a tough time. They've been dealing with a lot of rules and regulations. This has left them short on cash. But, they got a helping hand from Bally's and the Mathieson family. These groups offered a big financial boost of A$300 million. With this new money, Star Entertainment can keep going. But, it's not just about the cash. Bally's and the Mathieson family are now part of the company's board. Soo Kim and George Papanier from Bally's are now on the board. This means Bally's has a big say in how Star Entertainment runs. The Mathieson family also has a strong voice. They own a big chunk of the company. So, with these changes, Star Entertainment is starting a new chapter. It's a mix of old and new, trying to find a way forward.