{"id":777033005,"date":"2025-10-13T07:45:10","date_gmt":"2025-10-13T10:45:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033005"},"modified":"2026-04-21T18:17:40","modified_gmt":"2026-04-21T21:17:40","slug":"the-star-entertainment-group-announces-changes-in-its-board","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-star-entertainment-group-announces-changes-in-its-board","title":{"rendered":"The Star Entertainment Group announces board changes"},"content":{"rendered":"\n

Bruce Mathieson Jr has been appointed as a non-executive director of the company.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Star Entertainment Group <\/strong>announced the appointment of Bruce Mathieson Jr<\/strong> as a non-executive director of the company, effective October 10.\u00a0\u00a0Meanwhile, Michael Issenberg<\/strong>, who has been an independent non-executive director since July 11, 2022, has announced that he does not intend to stand for re-election and will retire from the board at the end of the 2025 Annual General Meeting (AGM)<\/strong>.<\/p>\n\n\n\n

Anne Ward<\/strong>, The Star\u2019s chairman, said: \u201cOn behalf of the board, I would like to thank Michael for his significant contribution as a non-executive director of The Star over his three years with The Star, including his roles as chair of the Culture, People and Remuneration Committee, a Member of The Star Audit Committee, and chair of The Star Brisbane. I look forward to acknowledging Michael\u2019s contribution to The Star at the AGM. The board wishes Michael well in his future endeavours.\u201d<\/p>\n\n\n

\n
\"\"
Bruce Mathieson Jr<\/figcaption><\/figure>\n<\/div>\n\n\n

Bruce commenced as an Observer on The Star Board on September 1, 2025.<\/p>\n\n\n\n

Star Entertainment Group reported revenue of AU$1.19bn (US$780m)<\/a> for the full financial year 2025,\u00a0down 29.2 per cent in year-on-year\u00a0terms. The company said the decline reflected challenging trading conditions due to regulatory reforms, including mandatory carded play and cash limits at\u00a0The Star Sydney<\/strong>.<\/p>\n\n\n\n

The company reported net loss of AU$471.5m (US$308m)<\/strong>, or AU$259.1m before one-off items including redundancy costs, penalties and an impairment on its Queen\u2019s Wharf precinct in Brisbane. Earnings before interest, taxes, depreciation and amortisation (EBITDA<\/strong>) were negative AU$77m compared to a profit of AU$175m in the prior year.<\/p>\n\n\n\n


<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> The Star Entertainment Group sells stake in Queen’s Wharf Brisbane<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Bruce Mathieson Jr has been appointed as a non-executive director of the company.<\/p>\n","protected":false},"author":226,"featured_media":7832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Star Entertainment Group has appointed Bruce Mathieson Jr as a non-executive director, effective October 10, while Michael Issenberg will retire from the board at the 2025 AGM. Concurrently, the company reported a significant financial downturn for FY2025, with revenue down 29.2% to AU$1.19bn and a net loss of AU$471.5m, attributed to challenging trading conditions and regulatory reforms like mandatory carded play and cash limits.","focusai_entities":"Bruce Mathieson Jr, The Star Entertainment Group, Michael Issenberg, Anne Ward","focusai_location":"Australia, Sydney, Brisbane","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Operational Impact of Reforms?","query":"What specific operational adjustments are anticipated at The Star Sydney to mitigate the financial impact of mandatory carded play and cash limits?"},{"label":"Board's Strategic Influence?","query":"How will the board's composition, following these changes, influence The Star's strategic response to ongoing regulatory pressures and market recovery efforts?"}],"footnotes":""},"categories":[16336,157],"tags":[29,24619,225,23871],"class_list":["post-777033005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-casino","tag-finance","tag-legislation","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777033005"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033005\/revisions"}],"predecessor-version":[{"id":777033023,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033005\/revisions\/777033023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7832"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777033005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}