AI Summary
Sign in to listen

The Star appoints Soo Kim as new Chairman as board undergoes further changes

Leadership shifts continue following CEO transition and Bally's strategic involvement.

3 min read
has appointed Soo Kim as chairman
Key Points
Soo Kim appointed Chairman of The Star's board
Two Non-Executive Directors resign as board reduces to three members
Leadership changes follow ongoing regulatory pressures and Bally's entry as strategic investor

The Star Entertainment Group has appointed Soo Kim as Chairman, marking the latest in a series of significant leadership changes at the Australian casino operator. The announcement follows a board meeting on 16 December 2025 in which former Chairman Bruce Mathieson Jnr stepped down from the role.

Mathieson Jnr has been appointed Chief Executive Officer, subject to finalising contract terms, and will remain on the board as an Executive Director. The company said it will release the material terms of his employment agreement to the ASX once completed.

The Star also confirmed the resignation of Non-Executive Directors Peter Hodgson and Toni Thornton, effective immediately. The board will now comprise three members: Soo Kim, Bruce Mathieson Jnr and George Papanier.

In a statement, Kim said: "We are fortunate to have Bruce lead our company as CEO. George and I understand what an honour and responsibility it is to join and contribute to the Board. We are confident our best days are ahead."

The changes follow yesterday's announcement that Group CEO and Managing Director Steve McCann will depart effective 16 December, although he will remain available until July 2026 to support regulatory and government engagement. His exit coincides with Bally's Corporation's role as a strategic investor and the operator's preparation for a broader change in ownership.

Mathieson Jnr, who recently assumed responsibilities as Executive Chair, will now transition into the CEO position as the board focuses on long-term leadership stability. The Star previously stated that its search for a permanent CEO would prioritise candidates with experience in regulated gaming environments and operational turnarounds.

The company continues to operate under stringent scrutiny from Australian regulators in New South Wales and Queensland. Maintaining regulatory cooperation and fulfilling remediation obligations remain key priorities as The Star advances through this latest phase of governance and executive restructuring.

Good to know

The Star remains under heightened regulatory oversight in NSW and Queensland, with remediation milestones still in progress

Reaction Board

Set Global Gaming Insider to be your preferred search result

In The News

View all
Mexico
[ELEVATED IMPORTANCE]

Culiacán casino burned down in armed attack

The Tropicana casino in Culiacán was set on fire by an armed group, leaving one person dead and several injured. It was the venue's second attack in under a week.

· Legal & Regulatory + 3