Summary of the Event: The Star Entertainment Group, a prominent Australian casino operator, encountered significant challenges following the resignation of its Chair, David Foster, in April 2024. Foster’s departure occurred amid ongoing regulatory scrutiny and internal discord, particularly concerning the company’s Sydney casino operations. His resignation was linked to tensions with CEO Robbie Cooke and […]
Memo Title: Responding to Political Pressure in Licensing Negotiations To: Executive Leadership TeamFrom: Strategy & Risk AdvisoryDate: 20 May 2025Subject: Political Dynamics in Licensing Processes Executive Summary: Licensing negotiations in politically sensitive markets often expose gambling companies to informal political pressures that can influence commercial outcomes. These pressures may affect licence terms, approval timelines, or […]
It wasn’t a popular decision. In fact, it was one of the more uncomfortable internal debates I’d had in years. The room had already made up its mind. Too inexperienced. Too leftfield. Not enough time in the trenches. I could hear the warning bells in every sentence. But I couldn’t ignore the feeling that we […]
To: Executive Leadership TeamFrom: TGB Strategy Memos GPTDate: 20 May 2025Subject: Structuring Effective Regulatory Reporting to Boards Executive Summary: As regulatory scrutiny intensifies globally, gambling operators must ensure that their board-level reporting structures are robust, transparent, and aligned with best practices. This memo outlines key considerations and recommendations for structuring regulatory reporting to boards, ensuring […]
This Question Pack is designed for leadership teams seeking to evaluate the effectiveness, credibility, and strategic handling of internal misconduct reports. In a sector characterised by regulatory scrutiny, reputational sensitivity, and workforce dispersion, the ability to detect, escalate, and resolve misconduct internally is not just a compliance function but a core governance capability. These questions […]
In recent years, several high-profile investigations have exposed severe deficiencies in the way gambling operators manage internal misconduct. These cases raise urgent ethical and governance questions about the robustness of whistleblower protections, the sincerity of internal reporting mechanisms, and the willingness of boards and executives to prioritise institutional integrity over short-term profit. The mishandling of […]
What It Is Crash games are a form of online gambling where players place bets on a multiplier that increases over time. The objective is to cash out before the multiplier “crashes,” which can happen at any moment. If a player cashes out in time, they win their stake multiplied by the current multiplier; if […]
The Update Wynn Resorts Ltd. reported second-quarter 2024 operating revenues of $1.73 billion, marking an 8.6% year-on-year increase but falling slightly short of analyst expectations. The company achieved a record Adjusted Property EBITDAR of $571.7 million, reflecting operational strength across its Las Vegas, Macau, and Boston properties. In Las Vegas, Wynn generated $628.7 million in […]
It is an uncomfortable truth that in many organisations, responsible gambling still sits too far down the agenda, siloed within compliance departments rather than anchored at the leadership table. Yet in a world where trust, transparency, and resilience define sustainable business success, treating player protection as a technical obligation is no longer enough. Leadership teams […]
In my experience, too many boards approach cybersecurity as if it were solely an IT concern, a matter of patching Windows, updating antivirus or chasing down the latest vulnerability count. While these activities are necessary, they are not sufficient in themselves. When executive teams insist on technical metrics without tying them back to organisational objectives, […]
