Star Entertainment Group CEO Matt Bekier Resigns

Star Entertainment Group CEO Matt Bekier Resigns

star-entertainment-group-ceo-matt-bekier-resigns

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Matt Bekier has resigned from his roles as chief executive and managing director of Star Entertainment Group in connection to issues raised during the ongoing review of the Star Sydney casino.

Mr Bekier will step down from the board immediately, but no final departure date has been set.

“Mr Bekier’s decision follows issues raised in public hearings in connection with the review of The Star Sydney being undertaken by Mr Adam Bell SC,” the company said in a statement.

“While the review remains ongoing, Mr Bekier informed the board that as managing director and CEO he is accountable for the effectiveness and adequacy of the company’s processes, policies, people and culture.

“Mr Bekier said the right thing to do was for him to take responsibility.”

Among the allegations aired during the Bell Inquiry were concerns the casino disguised approximately $900 million worth of gambling transactions by Chinese high rollers as “hotel expenses”.

Mr Bekier will work with the board to “transition his executive responsibilities in an orderly manner”.

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Source: Eastern European Gaming