Jan 20 (Reuters) - Australia's Star Entertainment (SGR.AX), opens new tab posted a smaller second-quarter loss on Monday compared with the previous three-month period, as the casino operator ...
“So we need to have those stakeholders come together to deliver an outcome.” Star Entertainment Group chief executive Steve McCann The company was also contending with a looming Austrac fine ...
(RTTNews) - The Star Entertainment Group Limited posted a second quarter negative EBITDA of A$8 million compared to EBITDA of A$51 million, prior year. The company noted that its EBITDA results ...
(Bloomberg) -- Star Entertainment Group Ltd. said its future as a viable business is in doubt as it struggles to raise capital. The Australian casino operator said Monday it’s exploring several ways ...
In an updated statement to the ASX on Monday, Star Entertainment said “there remains material uncertainty” over its ability to continue as a going concern as revenue slumped to $299m in the ...
For a business which makes its money through gambling, there have been no winners from Star Entertainment’s fall ... Players also are now limited to $5000 daily limits, which will fall to ...
Players also are now limited to $5000 daily limits, which will fall to $1000 a day later this year. With the tables empty, cash reserves dwindling and the insolvency hawks circling, Star is ...
Star Entertainment Group has warned shareholders ... “The Group’s capacity to raise $150 million of subordinated debt is limited in the short term in the absence of additional liquidity ...
(Reuters) - Australia's troubled casino operator Star Entertainment reported a second-quarter loss on Monday, adding to the rising uncertainty about its future revamp and earnings turnaround. For the ...
Star has been using legislated safe harbour provisions as it has churned through cash over the past few months, according to the Australian Financial Review. This means the company's directors ...