The NSW casino regulator is said to hold concerns over the planned takeover of embattled Star Entertainment Group by US casino operator Bally’s Corp, promising to run a close eye over its strategy to reverse Star’s flagging fortunes.
According to the Australian Financial Review, which cites two unnamed sources, the NSW Independent Casino Commission (NICC) and its chairman Philip Crawford remain “far from satisfied” with the company’s leadership – echoing concerns they held prior to Star embarking on a comprehensive leadership makeover over the past 12 months. That makeover included the appointment of Steve McCann as Group CEO and Managing Director and more recently a new CEO and new chair of The Star Sydney.