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Reuters

Star Entertainment CEO Bekier resigns amid ongoing probe

(Reuters) -Australia’s Star Entertainment Group said on Monday its chief executive officer Matt Bekier had tendered his resignation, amid an investigation over possible breaches of anti-money laundering and counter-terrorism laws at its casinos. The casino operator’s shares, which have fallen over 12% already this year, were down as much as 1.9%. 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,” adding that the right thing to do was for him to take responsibility, a company statement said.

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