Star Entertainment Group Ltd
The Star Entertainment Group Limited is an Australia-based company that provides gaming, entertainment and hospitality services.
The business
The Star Entertainment Group Limited is an Australia-based company that provides gaming, entertainment and hospitality services. The Company operates The Star Sydney (Sydney) and The Star Gold Coast (Gold Coast). The Company’s segments include Sydney, Gold Coast, and The Star Brisbane. The Sydney segment consists of The Star Sydney's casino operations, including hotels, restaurants, bars and other entertainment facilities. The Gold Coast segment consists of The Star Gold Coast's casino operations, including hotels, theatres, restaurants, bars and other entertainment facilities. Star Brisbane, including casino operations, hotel, restaurants, bars and other entertainment facilities. The Company also manages the Gold Coast Convention and Exhibition Center on behalf of the Queensland Government. The Company owns Broadbeach Island on which The Star Gold Coast casino is located.
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Latest news
Weekly Wrap: Late pullback slams gold shares
ASX slips 0.7% as late pullback drags gold shares lower on Fed chair speculation; bullion drops ~5% amid rate-hike fears.
Star Entertainment Receives Final Regulatory Approval for $300m Equity Conversion
Star Entertainment Group (ASX: SGR) has received final regulatory approval to implement its $300m strategic investment from Bally’s Corp and Investment Holdings, allowing both groups to convert their notes into equity and appoint nominee directors to the board.
Star Entertainment fights for its life as cash runs short
It is particularly apt that as a casino company, Star Entertainment (ASX: SGR) now faces the equivalent of a red or black future on roulette. If it hits black, then the company will be saved and literally 9000 jobs with it. If it hits red, then the once storied company worth billions of dollars faces […]
ACCC blocks Qantas-Alliance tie-up, Star Group reveals low earnings and Irish national to lead flailing EML Payments
The Australian Competition and Consumer Commission (ACCC) has stonewalled Qantas Airways’ (ASX: QAN) proposed acquisition of private charter flight service company Alliance Aviation Services (ASX: AQZ). Qantas scooped up a 19.9% holding in Alliance in February 2019, and in May last year followed up with a bid acquire 100% of the airline for about $614 […]
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