Shakeup in Canadian Gaming: Moskowitz Out as NorthStar CEO
Posted on: December 8, 2025, 01:50h.
Last updated on: December 8, 2025, 02:03h.
- NorthStar Gaming announces that Michael Moskowitz is no longer CEO and chair of the Board
- Corey Goodman appointed interim CEO
- New chair of the Board named as well in shakeup
In a piece of news seemingly out of nowhere on Monday afternoon, NorthStar Gaming Holdings Inc. announced that effective immediately, Michael Moskowitz is out as the company’s chief executive officer and chair of its Board of Directors.
No reason was given for the shakeup.
NorthStar owns and operates NorthStar Bets, a Toronto-based casino and sportsbook platform. Corey Goodman was named interim CEO by the board. Most recently, Goodman served as the company’s chief development officer and general counsel.
Goodman co-founded NorthStar and has experience in online gaming, operational realignment, corporate restructuring, and capital markets. As CEO, Moskowitz oversaw the launch of NorthStar Bets in Ontario’s regulated iGaming market in May 2022.
No Reasons Given
Dean MacDonald, who has served on the company’s Board of Directors since 2023, was named chair of the Board. Barry Shafran has resigned from the board, effective immediately. The company said an additional independent director will be announced once the board has finalized its selection. Shafran had served as chair of the Audit Committee.
Mr. Goodman has been an essential contributor since the founding of the Company,” said MacDonald, in a statement. “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.”
NorthStar has always played up the fact that it’s a Canadian company. On November 27, the company released its Q3 2025 financial results. Revenue was at $6.9 million, a 4% year-over-year increase. Gross margin was $2.4 million, a 14% increase from $2.1 million in Q3 2024. Profit before marketing and other expenses was $0.2 million, an improvement of $0.7 million after the company registered a loss of $0.5 million in Q3 2024.
Board Changes as Well
Moskowitz previously said the company has its sights on expanding to Alberta when that regulated iGaming market goes live, sometime in 2026. One of the highlights for NorthStar during the quarter was the launch of The Boost, described as a platform that features original casino and sports betting content designed for Canadian gaming enthusiasts.
The Boost leverages content currently produced for the company’s NorthStar Bets platform. The company said it expected a dedicated off-platform site like this will make its original content more widely accessible through search and social media.
“Looking ahead to 2026, the Company has adjusted its strategy to focus on a disciplined approach to optimize player acquisition and retention where these investments align with our financial resources and market conditions,” Moskowitz said in last week’s statement.
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