BUZZ-Australia's Star Entertainment soars after naming Mathieson Jr. as new CEO

Reuters

12/17

BUZZ-Australia's <a href="https://laohu8.com/S/EHGRF">Star Entertainment</a> soars after naming Mathieson Jr. as new CEO

** Shares of Star Entertainment SGR.AX rise as much as 11.9% to A$0.118, their highest level since Sept 17** Embattled casino operator names Bruce Mathieson Jr. as new CEO as he relinquishes position as chairman** Appoints U.S. gaming group Bally's BALY.N Chair Soo Kim as chairman** Shares post biggest intraday pct gain since Nov 21** 7.5 mln shares change hands, 1.1 times the 30-day average** YTD, shares down 44.7%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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