NewsBite

The Star Entertainment Group

Advertisement
Despite receiving several loans, Star is in a race against time as it burns through cash.

Star scrambles for last-ditch deal with board unsure of its survival

Star confirmed on Friday that its board is in a desperate attempt to secure funding for the casino operator that could stave off financial collapse.

  • Colin Kruger

Latest

Star Entertainment has attempted to sell off its assets to stave off collapse.

Why one of Australia’s biggest casino operators doesn’t deserve to be saved

While we play the waiting game, maybe it’s time to consider putting Star Entertainment out of its misery.

  • Elizabeth Knight
The Australian Securities and Investments Commission alleges former CEO Matt Bekier breached his duties under article 180 of the Corporations Act.

Casino boss accused of telling board NAB ‘supported’ money flows from overseas gamblers

Former Star boss Matt Bekier is alleged to have claimed NAB “tacitly supported” funds from Chinese gamblers passing through its systems.

  • Anne Hyland
The Star Entertainment’s Brisbane development. The company may have to sell a stake in the precinct to stave off collapse.

Star’s junket ignorance ‘particularly strange’ after Crown media storm

The corporate regulator questioned the credibility of the Star Entertainment board’s ignorance of the risks posed by its junket business, following bombshell allegations against Crown.

  • Colin Kruger
Star is in talks to potentially sell its new Brisbane casino to its Chinese partners.

‘Operation Money Bags’: Star ignored reports of brazen junket money trail, court told

Star’s internal investigations revealed a number of ways to smuggle cash to its notorious junket operator partner Suncity, with little pushback from the casino company’s executives.

  • Colin Kruger
Star is in talks to potentially sell its new Brisbane casino to its Chinese partners.

Star’s board ‘incurious and complacent’ about red flags: ASIC

The watchdog’s lawyers told the Federal Court the casino operator’s directors rubber-stamped credit facilities that allowed junket operators access without any probity information.

  • Colin Kruger
Advertisement
The Star casino in Sydney.

High-flyers to face court in blockbuster hearing as Star casino faces collapse

Star Entertainment might not survive the month and, with exquisite timing, a who’s who of Australia’s corporate elite is about to go on trial over their alleged roles in the disaster.

  • Colin Kruger
Renders show The Star’s Live Room in concert mode.

‘West End’ theatre district a step closer with $60m Star deal

The desperate sale of Star’s events business could transform Pyrmont into Sydney’s version of London’s famous theatre district.

  • Linda Morris and Colin Kruger
Queensland Premier David Crisafulli says Star has not lived up to its commitments.

Star’s obligations for Queen’s Wharf project ‘weren’t met’: Premier

Queensland Premier David Crisafulli says the Star Entertainment Group failed to honour its agreement for the $3.6 billion Brisbane casino precinct.

  • Cameron Atfield
Casino operator Star Entertainment is struggling to attract customers and cut costs despite receiving several loans.

Star warns investors of ‘material uncertainty’ over its future as revenue falls

The embattled casino operator said it was continuing discussions in an attempt to manage its financial woes, but there was no guarantee it would be able to reach a deal.

  • Clancy Yeates

Original URL: https://www.brisbanetimes.com.au/topic/sgr-1j2