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Australia's Star Entertainment soars after naming Mathieson Jr. as new CEO

ReutersDec 17, 2025 12:28 AM

Shares of Star Entertainment SGR.AX rise as much as 11.9% to A$0.118, their highest level since Sept 17
Embattled casino operator names Bruce Mathieson Jr. as new CEO as he relinquishes position as chairman
Appoints U.S. gaming group Bally's BALY.N Chair Soo Kim as chairman
Shares post biggest intraday pct gain since Nov 21
7.5 mln shares change hands, 1.1 times the 30-day average
YTD, shares down 44.7%

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