Star Entertainment Group Confirms Plan to Close Corporate Office in Major Cost-Cutting Initiative

Australia’s Star Entertainment Group has officially revealed plans to shut down its corporate office as part of a significant cost-reduction strategy under its new leadership. In a memo to staff, Group CEO Bruce Mathieson Jr said the corporate office will be closed in its current form, with roles and responsibilities transitioned back to the group’s three integrated resorts in Sydney, Brisbane and the Gold Coast — a move aimed at simplifying operations and driving sustainability.

The decision follows earlier signals from Bally’s Corporation and Star’s new chair Soo Kim that a major restructuring was needed to streamline the business amid ongoing financial and regulatory challenges. Analysts have noted that Star’s corporate headcount had expanded significantly in recent years, contributing to cost pressures that the new ownership is now determined to address by decentralising decision-making and empowering property-level teams.

Industry reports suggest that closing the corporate office could affect hundreds of employees, although some staff may be redeployed to resort operations while others face redundancy. This development builds on previous workforce reductions at Star, including cuts to senior roles, as the company seeks to align its cost base with trading performance and restore confidence following a tumultuous period that saw leadership turnover and licence suspensions.

Star’s move to dismantle its central office reflects broader challenges facing the group, which has grappled with financial strain, regulatory scrutiny and a competitive operating environment. The strategic pivot underscores an urgent need to stabilise operations and streamline costs as the company works to rebuild under the combined influence of Bally’s and local investors.