The Star Entertainment Group, one of Australia’s leading casino and entertainment companies, has announced the appointment of former Crown Resorts chief executive Steve McCann as its new CEO and Managing Director. This move comes amidst a period of significant change within the company, as well as the broader Australian gaming industry.
McCann’s appointment comes at a critical time for The Star Entertainment Group, as the company seeks to navigate the challenges posed by the ongoing COVID-19 pandemic and revamp its operations to align with a post-pandemic world. With his extensive experience in the gaming industry, including his previous role at Crown Resorts, McCann is expected to bring a wealth of knowledge and expertise to the role.
In a statement, The Star Entertainment Group Chairman John O’Neill expressed his confidence in McCann’s ability to lead the company through this period of change. “Steve is a highly respected and accomplished executive with a proven track record of success in the gaming industry,” O’Neill said. “We believe that his leadership will be instrumental in driving The Star Entertainment Group forward and positioning us for long-term success.”
McCann, who previously served as CEO of Crown Resorts until stepping down in February of this year, expressed his excitement about joining The Star Entertainment Group. “I am thrilled to be taking on this new role and look forward to working with the talented team at The Star to drive growth and innovation in the Australian gaming industry,” McCann said. “I am confident that together we can achieve great things for the company and its stakeholders.”
The appointment of Steve McCann comes as The Star Entertainment Group faces increased scrutiny from regulatory bodies, following a series of allegations of money laundering and other illegal activities at its properties. In response to these challenges, the company has committed to implementing stricter compliance measures and enhancing its anti-money laundering controls.
With McCann at the helm, The Star Entertainment Group is expected to undergo a period of significant transformation as it seeks to rebuild its reputation and solidify its position as a leader in the Australian gaming industry. The company has already outlined a number of strategic initiatives aimed at driving growth and innovation, including the development of new entertainment offerings and the expansion of its digital presence.
Overall, the appointment of Steve McCann as CEO and Managing Director of The Star Entertainment Group represents a new chapter for the company as it seeks to navigate the challenges and opportunities of a rapidly changing industry landscape. With his leadership and vision, McCann is poised to lead The Star to new heights of success and ensure a bright future for the company and its stakeholders.