Location: Australia

09/27/24 2:59 PM

Investors dump shares in Star Entertainment

  • Agence France Presse
Australia’s crisis-racked resort and casino operator Star Entertainment lost almost half its market value Friday, as stock trading... more
09/26/24 12:17 PM

Impairment on trading conditions, higher costs push Star Entertainment Group to US$1.16 billion loss in FY24

  • Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group has reported a statutory loss of AU$1.69 billion (US$1.16 billion) for the 12 months to 30 June 2024,... more
09/18/24 2:37 PM

Australia’s new classification rules could see Pokémon and Zelda released as R-rated games

  • Oliver Brandt, Sports Illustrated
Next week, the Australian government is rolling out a pretty big change to the way that video games are classified. The new rules will come... more
09/13/24 3:09 PM

NSW regulator issues Star with show cause notice, outlines raft of possible disciplinary measures

  • Ben Blaschke, Inside Asian Gaming
The NSW Independent Casino Commission (NICC) has issued Star Entertainment Group with a show cause notice, asking the embattled casino... more
09/12/24 1:44 PM

Star still in holding pattern as crisis talks with governments and lenders continue

  • Inside Asian Gaming
Australia’s Star Entertainment Group Limited said Wednesday that talks with stakeholders are ongoing but confirmed the company is still not... more
09/06/24 2:50 PM

Star Entertainment to sell interest in casino building amid regulatory problems

  • Reuters
Star Entertainment will sell its interest in the Treasury Brisbane Casino building in Queensland for A$67.5 million ($45.47 million), the... more
09/05/24 10:34 AM

Star Entertainment Group confirms safe harbour provisions among discussion points to stave off collapse

  • Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group confirmed Wednesday that ongoing discussions related to its troubled liquidity position have included... more
09/02/24 8:21 AM

Australia: Trading suspended on Star Entertainment after group misses financial reporting deadline

  • Oscar Godsell, Sky News
The Australian Securities Exchange (ASX) has suspended Star Entertainment Group from trading after the company missed a critical deadline... more
09/02/24 8:17 AM

Australia: The Star may win Queensland tax reprieve but New South Wales says no

  • Amelia McGuire and Cameron Atfield, The Sydney Morning Herald
The Star has been suspended from trading on the ASX after it failed to unveil its financial results for the 12 months to June 30, as its... more
08/30/24 2:24 PM

Star hangs by thread after report finds it unfit to run casino

  • Angus Whitley, Bloomberg
Star Entertainment Group Ltd.’s future hangs in the balance after an inquiry found the company had suffered from dysfunctional leadership,... more