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The Latest Breaking News from Star Entertainment

Whatever happens to Star, the age of unfettered gambling revenue for casinos may have ended

Casino operator Star Entertainment has been under financial pressure for some time. The company’s share price has tanked, and the business, with its three casino properties, has been bleeding money.

The Conversation

Star secures lifeline to unload entertainment precinct

Star Entertainment Group will exit its ownership and management of the Queen's Wharf Brisbane integrated resort and hospitality precinct.

AAP

Australian Casino Firm Scrambles For Cash To Survive

Troubled Australian casino operator Star Entertainment said Friday it is trying to sell its stake in a major resort to raise desperately needed cash.

International Business Times

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‘Multiple red flags’: ASIC’s court case against Star executives shows the risks of complacency

This week the corporate regulator is taking on executives and directors of Star Entertainment in the Federal Court, in a landmark case for Australian corporate governance.

The Conversation

Star Entertainment is on the brink of collapse. What happens next?

The casino operator can sell assets or hope a white knight investor emerges but, if it runs out of cash, an administrator could enter the frame

The Guardian - AU

No magical save for Star as govt focuses on workers

As the shares of embattled casino operator Star Entertainment fall to an all-time low, a state government has ruled out giving it a financial lifeline.

AAP

Casino operator Star's shares plunge amid grim finances

Star Entertainment says it had just $79 million in cash left at December 31, after burning through $107 million over the previous three months.

AAP

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Casino operator counts the cost of going cashless

The leaders charged with turning around the fortunes of troubled casino operator Star have given shareholders a frank assessment of the difficulties ahead.

AAP

Fallen star: $500 million wiped from Star on ASX

The value of Star Entertainment has plummeted on the ASX after $500 million dollars was slashed from the casino giant's worth as its shares were unfrozen

AAP

Chips are down as Star posts huge loss, cashes in jobs

Star Entertainment has written down the value of its three casinos by $1.4 billion as its new CEO plots a path to turn around the fortunes of the company.

AAP

Star facing licence cancellation after scathing report

The Star Casino has been given 14 days to explain why it shouldn't face disciplinary action after a scandalous report found it wasn't fit to hold a licence.

AAP

Star poaches Crown boss as it offloads Treasury site

A chief executive has been named for troubled operator Star Entertainment's Gold Coast casino as it battles for fresh financing for its new Brisbane project.

AAP

Star relief talks ongoing but taxes will be paid: govt

Queensland's Deputy Premier says a hard line will be taken with Star Entertainment to pay its taxes but talks are ongoing to provide relief for Queen's Wharf.

AAP

One of Australia’s biggest casino operators is in trouble. Will Queensland come to Star’s rescue?

Days after opening the $3.6bn Queen’s Wharf precinct in Brisbane, Star Entertainment is seeking government help to stay afloat

The Guardian - AU

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AAP

Fight to save jobs as The Star's casino empire teeters

Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.

AAP

Troubled casino operator seeks tax relief to stay open

Troubled casino operator Star Entertainment is seeking tax relief from the Queensland government as it battles to keep a $3.6 billion project open in Brisbane.

AAP

Star takes another hit as shares suspended from trading

Star Entertainment has suffered another blow with its shares temporarily suspended from trading after the casino operator failed to file its earnings report.

Al Jazeera

Australia’s biggest listed casino operator suspended from stock exchange

Star Entertainment Group delisted days after damning report by casino regulator in New South Wales.

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The Guardian - AU

Afternoon Update: PM’s census backflip; Aboriginal teen dies in detention; and Kamala Harris’s radically normal interview

Also, Star Entertainment declared unsuitable to regain Sydney casino licence

AAP

Star unsuitable for casino after damning second probe

Star Entertainment is battling financial woes and uncertainty over the future of its Sydney licence after a fresh inquiry highlighted a litany of failures.

Top News

Star Entertainment Signs Job Guarantee Deal with NSW Government

Star Entertainment signs a jobs guarantee deal with the NSW government, ensuring job security and supporting economic recovery in the state.

AAP

Star casino to keep jobs after NSW govt intervenes

Casino operator Star Entertainment will maintain 3000 jobs at its Sydney casino until at least 2030 following an agreement with the NSW government.

AAP

Embattled casino operator Star earns ban reprieve

Embattled casino operator Star Entertainment has earned a reprieve after the Queensland government threatened to suspend its state licences.

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