Star Entertainment's Board Faces Moment of Truth: Can CEO Steve McCann Save the Day?
2025-02-23
The Australian Financial Review
The clock is ticking for Star Entertainment's board and CEO Steve McCann, with only five days to conjure up a solution to their woes. As the company's CEO and secured lender, McCann is under immense pressure to deliver. With Oaktree's $650 million debt looming, the stakes are high. Can McCann pull off a miracle and save the company from financial turmoil? The next few days will be crucial for Star Entertainment's future, with key decisions to be made on debt restructuring and financial stability. The gaming industry is watching with bated breath, as the company's fate hangs in the balance.
