This Month
- Opinion
- Chanticleer
McCann’s Star plan collides with angry lenders, politics
It’s one thing to have a turnaround plan, it is another to get the clear air to pull it off.
- Anthony Macdonald
August
- Opinion
- Chanticleer
The Star’s still too big to fail. Its redemption rests with one man
The Star will be given yet another lifeline. But its new rescuer-in-chief faces an incredibly difficult task.
- James Thomson
July
Steve McCann’s big London trip
McCann took the reins of Star Entertainment on July 8. And on July 15, he was off to London, with the board’s acquiescence.
- Myriam Robin
- Opinion
- Chanticleer
Steve McCann takes his biggest punt with embattled casino giant Star
As far as turnarounds go, this is bigger than Boral, Bapcor and Seven West Media combined. “I had room for one more,” he says when asked why he took the job.
- Anthony Macdonald
- Exclusive
- Casinos
Gaming no longer ‘glorious part of the business’: Star boss
Steve McCann says the company’s casino business might never return to the boom times and its future is likely to lie in its restaurants and hotels.
- Anthony Macdonald and Zoe Samios
June
- Updated
- Casinos
Former Lendlease boss Steve McCann takes top job at Star Entertainment
The businessman also ran the casino group’s rival, Crown Resorts, before it was sold to Blackstone. He will receive a $2.5 million sign-on bonus.
- Updated
- Zoe Samios
April
- Opinion
- Chanticleer
Is this the person to save fallen Star Entertainment?
The clean-up of the gaming company is one for the ages. And there’s a name keeps coming up as a potential salvage CEO - former Lendlease boss Steve McCann.
- Updated
- Anthony Macdonald
July 2022
- Opinion
- Chanticleer
Challenge facing Crown’s new CEO: Packer’s legacy
Blackstone has called in the casino big guns from Las Vegas and Macau to right Crown Resorts, and the two executives are stepping into a regulatory minefield.
- Updated
- Tony Boyd
June 2022
- Opinion
- Chanticleer
‘Ups and downs’: Packer’s emotional farewell to Crown (and the ASX)
Crown’s reform efforts and Blackstone’s perseverance have allowed James Packer to walk away from the mess at Crown Resorts with a handsome payday.
- James Thomson
January 2022
- Opinion
- Chanticleer
Packer set for $3.3b payday in bittersweet Crown exit
Gaming billionaire James Packer is set to walk away from a 20-year involvement with Crown Resorts after Blackstone’s $8.9 billion takeover offer.
- Tony Boyd
December 2021
Switkowski picks up keys to Crown’s corner office
Former telco executive Ziggy Switkowski has officially taken the keys to the chairman’s office at Crown Resorts.
- Elouise Fowler
October 2021
Crown CEO says flagship Melbourne casino doesn’t disadvantage Perth
Appearing before the WA royal commission, Steve McCann cited scale, shared expertise and greater investment potential as benefits of the practice.
- Hannah Wootton and Elouise Fowler
- Opinion
- Chanticleer
House wins: Crown just got away with it
Royal commissioner Ray Finkelstein’s bark has proved much worse than his bite. Crown is bloodied but it has kept its precious licence.
- Updated
- James Thomson
‘Disgraceful’ Crown will face unprecedented scrutiny
It will keep its licence to run its Melbourne casino, but will be overseen by a state-appointed ‘special manager’ and will not ‘control its own destiny’.
- Updated
- Elouise Fowler and Hannah Wootton
September 2021
- Opinion
- Chanticleer
A post-lockdown labour war has already started
Crown and The Star are examples of companies keeping close to stood-down staff, worried labour shortages could stop them participating in a post-lockdown rebound.
- Updated
- James Thomson
‘Huge upside’ if Crown can help rebuild tourism after COVID-19: McCann
Crown Resorts boss Steve McCann believes the wounded casino giant can help Australia’s post-COVID-19 recovery by helping to revitalise Melbourne and Sydney.
- James Thomson
August 2021
- Opinion
- Chanticleer
Crown sells hope but prepares for the worst
Crown CEO-elect Steve McCann was talking positively on Monday, but the company’s dual battles with regulators and COVID-19 aren’t getting easier.
- Updated
- James Thomson
July 2021
Crown Melbourne CEO job in doubt, inquiry hears
Two Crown Resorts directors have cast doubt on whether Crown Melbourne boss Xavier Walsh is up to the task of reforming Crown Melbourne.
- Elouise Fowler and Hannah Wootton
- Analysis
- Crown royal commission
New Crown boss close to tears after grilling
Former Lendlease CEO Steve McCann, just five weeks into the job at Crown, copped the third degree at today’s royal commission hearing about how he would overhaul Crown Melbourne’s culture.
- Patrick Durkin
May 2021
- Analysis
- Tax disputes
Lendlease CEO and CFO escape $300m tax time bomb
Chief executive Steve McCann and chief financial officer Tarun Gupta are exiting in the middle of a $300 million tax disagreement with the Australian Taxation Office.
- John Kehoe