The Star Entertainment Group
Rolled gold burritos, AI mania and ‘mother of all bubbles’ were big business in 2024
It proved to be a volatile year for the big end of town, but it’s investors who face a day of reckoning.
- by Colin Kruger
Latest
This fraudster was a VIP at Crown and Star. Now the casinos face a $70 million lawsuit
When one of Australia’s biggest Ponzi schemes collapsed, the money trail led to the casinos. Now Crown and Star could face a courtroom showdown with dudded investors.
- by Carla Jaeger and Sherryn Groch
Promised Queen’s Wharf hotels still years away as Star finances fade
As it seeks more financial support, gambling giant Star Entertainment has confirmed The Dorsett and Rosewood hotels are running four years behind schedule.
- by Sean Parnell
New gambling rules burn big hole in Star casino’s books
Restrictions on gambling with cash at Star’s flagship casino sent revenue plunging, adding to concerns about its viability.
- by Colin Kruger
ABC newsreader jumps on stage with Coldplay
Reading the news one minute, gigging with Coldplay the next. It’s all in a day’s work for the national broadcaster’s main newsreader.
- by Stephen Brook, Kishor Napier-Raman and Danny Russell
‘Nuttier than a sackful of squirrel poo’: Barristers bicker over elections
Some of the state’s most senior lawyers took to LinkedIn to have a spirited discussion about their industry body.
- by Stephen Brook and Kishor Napier-Raman
More uncertainty for Star investors despite licence reprieve
Star’s let-off in Sydney last week doesn’t change one harsh fact: it is still running out of money and the next year remains a brutal one.
- by Colin Kruger
Embattled Star keeps Sydney casino licence, cops $15m fine
Star Casino has been hit with a $15 million fine by the casino regulator, with the licence suspension extended until March next year.
- by Max Maddison
Opinion
Casinos
Bargain basement: Could Star’s Sydney casino be worth only $8 million?
The Sydney casino is worth less than its chief executive Steve McCann’s first-year pay cheque of $10 million, based on the report authored by Barrenjoey’s Matt Ryan.
- by Elizabeth Knight
$500m wiped from The Star as investors revolt after dismal result
The Star’s long-suffering investors have responded to the group’s $1.7 billion loss by sending the share price to just 25¢.
- by Amelia McGuire
Updated
Earnings season
‘On its knees’: The Star to cut jobs, sell assets following $1.7 billion loss
The ailing casino operator finally delivered its full-year results on Thursday, after snagging a last-ditch $200 million loan from its banks.
- by Amelia McGuire and Matt Dennien
Original URL: https://www.brisbanetimes.com.au/topic/sgr-1j2