The Star CEO Matt Bekier resigns effective immediately
The managing director and CEO of The Star Entertainment Group Matt Bekier has resigned following damning allegations aired during public hearings into the casino.
In a statement to the market this morning, the casino operator said Mr Bekier had tendered his resignation to the board, saying as CEO he was accountable for the company as a whole.
Mr Bekier will step down from the board immediately, but no final departure date has been set.
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Star Entertainment Group CEO Matt Bekier has resigned. Jessica Hromas
"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."
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Mr Bekier said as CEO he was accountable for the practices of the entire company. Dominic Lorrimer
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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