Published on: December 8, 2025, 01:50h.
Updated on: December 8, 2025, 02:03h.
- Michael Moskowitz steps down as CEO and Chair of NorthStar Gaming
- Corey Goodman appointed as interim CEO
- New Chair of the Board introduced in corporate restructuring
In a surprising turn of events, NorthStar Gaming Holdings Inc. announced on Monday afternoon the immediate departure of Michael Moskowitz as both CEO and Chair of the Board of Directors.
The company did not provide a reason for this leadership transition.
NorthStar is known for its Toronto-based casino and sportsbook platform, NorthStar Bets. The Board appointed Corey Goodman as the interim CEO, who previously held roles as Chief Development Officer and General Counsel.
Goodman, a co-founder of NorthStar, brings a wealth of experience in online gaming, operational adjustments, corporate restructuring, and capital markets. Under Moskowitz’s leadership, NorthStar Bets was successfully launched in Ontario’s regulated iGaming market in May 2022.
No Justification Provided
Dean MacDonald, a Board member since 2023, has been named the new Chair of the Board. Barry Shafran has resigned from his position on the board effective immediately. The company announced that an independent director will be appointed once the selection process is concluded. Shafran had previously chaired the Audit Committee.
“Mr. Goodman has been a pivotal figure since the inception of the company,” MacDonald stated. “The Board fully trusts his leadership capabilities and his extensive understanding of our operations. His strategic and balanced approach will maintain continuity as we aim to enhance performance and prepare NorthStar for sustainable growth.”
NorthStar has consistently highlighted its Canadian identity. On November 27, the firm reported its Q3 2025 financial findings, indicating revenues of $6.9 million, marking a 4% increase year-over-year. Gross margins were reported at $2.4 million, a 14% rise from $2.1 million in Q3 2024. Profits before marketing and other costs reached $0.2 million, recovering from a loss of $0.5 million recorded in Q3 2024.
Changes to the Board as Well
Moskowitz had previously noted the company’s intentions to expand into Alberta when that regulated iGaming market launches in 2026. A highlight for NorthStar during the last quarter was the introduction of The Boost, a platform featuring exclusive casino and sports betting content tailored for Canadian gamers.
The Boost utilizes content originally created for NorthStar Bets, and the company envisions that a dedicated off-platform site will enhance the reach of its original content via search engines and social media.
“As we look towards 2026, the Company has refined its approach to focus methodically on optimizing player acquisition and retention in alignment with our financial capabilities and market dynamics,” Moskowitz mentioned in a recent statement.