Revenue ($m) 741.4, down 30pc from year-earlier 1053.7
Pre-tax profit ($m) 107.0 v 134.4
Net profit ($m) 51.2 v 76.5
Interim dividend (¢) nil v 10.5
Star Entertainment Group plans to pivot towards premium gamblers away from its dependence on junket operators after the scathing report into its rival Crown Resorts recommended banning junkets since they were found to be linked to Triads.
Star chief executive Matt Bekier said the gambling giant would try to boost its appeal to international tourists, once the borders were opened, to develop a new market by stepping up its pitches to VIP gamblers in Asia through its offices in Singapore and Hong Kong.
Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
