Star Entertainment Group continues to struggle, with Mark Mackay stepping down as CEO of The Star Gold Coast after just 95 days. His departure is the second such event in 2024. In April, the company was ousted by Jessica Mellor, who stepped down as CEO of the Gold Coast resort after just six months on the job.
Star did not give a reason for Mackay’s departure, saying only that it had begun the process of recruiting a new CEO for The Star Gold Coast.
“We thank Mark Mackay for his assistance and wish him well for the future,” said Star’s Group CEO & Managing Director, Steve McCann.
Mackay’s departure comes just a week after the Queensland government announced it had deferred a decision on whether to suspend The Star Gold Coast’s casino licence until March 31, 2025. The government will determine what actions the company will take to correct historical compliance issues.
The company, which recently secured a $100 million Australian loan, is seeking further financial assistance amid severe liquidity problems as a result of regulatory pressure in both Queensland, where The Star Gold Coast and The Star Brisbane are based, and New South Wales, where The Star Sydney is based.
McKay joined The Star in September after seven years at Crown Resorts and was unveiled as a key member of the property company’s new leadership structure, alongside The Star Sydney CEO Janelle Campbell and The Star Brisbane CEO Daniel Finch, who were appointed in January.
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