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Penn Entertainment’s Shareholders Decide to Slash CEO Pay Package
Penn Entertainment’s shareholders have finally rallied and decided to slash the remuneration package of CEO Jay Snowden this year, with the cap now set at a maximum of $17.4 million from previously $25.3 million. Penn Entertainment’s Boss Payment Now Restricted to $17.4M As the brand continues to recalibrate and readjust, shareholders have voted in droves
The Star Entertainment’s DBC Exit HoA Deadline Extended to July 31
Australian gaming and hospitality giant The Star Entertainment Group Limited has published an Australian Stock Exchange (ASX) update on its planned Destination Brisbane Consortium (DBC) exit. According to the company, it has reached an agreement with its joint venture partners, Chow Tai Fook Enterprises Limited and Far East Consortium International Limited, to extend the termination
The Star Entertainment’s Shareholders Give the Go-Ahead to Bally’s AUD 300M Lifeline
The Star Entertainment Group just held its General Meeting. Among other important developments, the Australian casino & hospitality giant secured shareholder approval for Bally’s AUD 300 million rescue proposal. In April, The Star revealed that it had entered into a binding term sheet with Bally’s Corporation with respect to a multi-tranche convertible note and subordinated
Seven.One Entertainment’s Henrik Pabst Joins Quintus Media Advisory Board
EXCLUSIVE: Seven.One Entertainment Chief Content Officer Henrik Pabst has joined the board of German compatriot distributor/channel operator Quintus Studios. Pabst will advise on content strategy and market issues. He leads content for ProSiebenSat.1 Media’s German content arm Seven.One Entertainment and is Managing Director of content arm Seven.One Studios. Former Barcroft Studios Chief Content Officer Caspar Norman
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