In the Australian Financial Review today....
Strict new gambling rules and fewer tourists at Star Entertainment’s hotel in Sydney have sent the struggling casino group’s revenues plunging by almost a third in the last three months, with the company warning investors it was unlikely to pull off a crucial property sale by the end of the month.
Star’s inability to close the sale of its majority stake in the Queen’s Wharf casino in Brisbane to its Hong Kong-based business partners by that deadline could cost the company $36.5 million. Star has struggled to stay afloat for months, and had $234 million in cash at the start of the month.
In the Australian Financial Review today....Strict new gambling...
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Last
9.2¢ |
Change
0.002(2.22%) |
Mkt cap ! $263.9M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.4¢ | 9.0¢ | $829.7K | 9.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1442077 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 42778 | 3 |
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| Last trade - 14.55pm 08/08/2025 (20 minute delay) ? |
| SGR (ASX) Chart |