NorthStar Gaming has dismissed chairman and chief executive officer Michael Moskowitz with immediate effect.
Moskowitz’s departure comes two weeks after the Canadian online betting and gaming operator warned that it may have insufficient funds to finance its operations and meet its minimum liquidity requirements.
The company’s board of directors has appointed Corey Goodman, who currently serves as chief development officer and general counsel, as interim chief executive officer.
Dean MacDonald, who has served on the company’s board of directors since 2023, has been appointed chairman of the board.
“Mr. Goodman has been an essential contributor since the founding of the Company,” said MacDonald. “The Board has full confidence in his leadership and his deep knowledge of our business.
“His balanced and disciplined approach will help ensure continuity while we focus on strengthening performance and positioning NorthStar for long-term growth.”
The management shake-up has also seen the immediate departure of Barry Shafran, who has resigned as director and chair of the company’s audit committee, with the search now beginning for a new independent director.
Shares in NorthStar Gaming Holdings Inc. (CVE:BET) closed unchanged at CA$0.02 per share in Toronto Monday, having lost 50 per cent of their value over the course of 2025.