Star Entertainment is seeking a financial lifeline after revealing its cash reserves sank to just $79 million at the end of 2024. A Macau investor has built up a significant stake in the casino ...

Pub tycoon Bruce Mathieson sounded the alarm this week that Star Casino could 'go bankrupt or be bought' within weeks as the company continues to burn through its cash reserves. More than 3,000 ...

Learn More The Star Entertainment Group Ltd (ASX: SGR) share price is enjoying a rare moment in the green on Monday. Shares in the embattled casino group hit an all-time low of 10 cents per share ...

Star’s market value is now just under $373m Regulators, including the powerful NSW Independent Casino Commission (NICC), are closely watching the shaky finances of Star given that the company ...

Star Entertainment could appoint administrators in as little as six weeks. Picture: NewsWire / Glen Campbell Casino giant Star Entertainment Group is on shaky ground as fears of its collapse grow, ...

SYDNEY – Australia’s biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licences stretched out for centuries. The domestic market was home to the planet’s ...

The pair each own 25 per cent of the project. Star owns 50 per cent, and the casino licence. Mr McCann has met with both in Hong Kong in recent months. The third issue is the regulatory ...

The sappy muzak chorus — "I'm begging you to stay" — is ironically symbolic of the problems befalling the casino's manager, The Star Entertainment Group. Not enough people are staying at Star ...

“We have a difficult road ahead and Star remains in an extremely challenging position,” Mr McCann said. The casino operator had a regulator-appointed manager designated to the company in 2022 ...

Add articles to your saved list and come back to them any time. Star investors who got excited on Monday by the left-field emergence of a mystery Macau buyer of the casino’s shares would be wise ...

Star Casino. Picture: Nikki Short “They are also liable to pay for any costs incurred during administration. “If there’s any lack of funds it’s the administrator who then becomes ...

Gabriela Rico Jan 13, 2025 Jan 13, 2025 Updated Jan 28, 2025 In anticipation of opening next year, the Pascua Yaqui Tribe officially broke ground Monday on its new casino — the first within ...