China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Warner Bros. Discovery Shares Slide Amid Report of Potential Paramount Skydance Lawsuit 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
California DMV Proposes New Safety Rules for Autonomous Vehicles After Waymo Incidents 
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
Trump Administration Probes Corporate DEI Programs, Raising Questions for Google Stock 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions 
TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Embattled Australian casino operator Star Entertainment has announced another major leadership shake-up, confirming the resignation of its Chief Financial Officer, Frank Krile, who has left the company with immediate effect. The company also revealed that Group Chief Operating Officer Jeannie Mok has resigned and will officially depart at the end of January 2026, marking a significant transition period for the struggling casino group.
The executive departures come at a critical time for Star Entertainment, which has been undergoing extensive restructuring following regulatory scrutiny, financial distress, and governance challenges. The announcement follows the recent appointment of Bruce Mathieson Jr. as the company’s new Chief Executive Officer, replacing Steve McCann. Star confirmed Mathieson Jr.’s CEO appointment on Monday, reinforcing a broader overhaul of its leadership team.
Earlier this month, the company also appointed Soo Kim, chairman of U.S.-based casino group Bally’s, as its new chairman. Bally’s, along with the Mathieson family, has played a central role in stabilizing Star Entertainment after the operator narrowly avoided bankruptcy. Bally’s currently holds a 38% stake in the company, while the Mathieson family owns approximately 23%, making them Star’s largest shareholders and key backers of its financial rescue.
In a statement, CEO Bruce Mathieson Jr. acknowledged the departing executives’ contributions, saying he appreciated their efforts, particularly in advancing the company’s remediation and compliance initiatives. Star Entertainment has been working to rebuild trust with regulators and investors while restoring operational stability across its casino assets.
The company confirmed it will begin a formal search for a new group chief financial officer, signaling further changes ahead as it reshapes its executive leadership.
Following the announcement, Star Entertainment shares fell as much as 3.9%, trading at A$0.125 by late Monday, reflecting continued investor caution around the casino operator’s turnaround prospects. As Star navigates leadership changes and regulatory recovery, market participants will closely watch whether the new management team can deliver long-term stability and improved financial performance.
