If gambling only makes up 5% of a casino resort’s business in the future, the resort will need to focus on other ways to make money and stay successful.
Core Revenue Streams in the future
Hospitality and Accommodation: Offering luxury rooms and suites.Amazing Food and Drinks: From fine dining to casual eats and unique food experiences.Entertainment and Events: Live shows, concerts, and fun events.Shopping: High-end stores and unique local shops.Nightlife: Bars, lounges, and social hangouts.Business Events: Hosting conferences and meetings.Family Activities: Fun attractions for kids and adults alike. By focusing less on gambling, the resort can transform into a destination that appeals to a wider range of people, keeping it relevant and profitable as the market changes.
With stricter regulations (like cashless gambling and spending limits) and growing concerns about problem gambling, relying less on gambling revenue makes sense for Star's long term sustainability.
If Star evolves into a full-scale entertainment and lifestyle destination while still offering gambling as a secondary activity, it could thrive.
SGR Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
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