Latest Contributions by Ben Rogers

Jan 12, 2025

Australia’s Star Entertainment Faces Financial Crisis Amid Mounting Challenges

Star Entertainment Group, one of Australia’s prominent casino operators, has issued a stark warning about its precarious financial position following a series of setbacks, including regulatory penalties, operational challenges, and a sharp drop in gambling demand. The company, which owns casinos in Sydney, Brisbane, and the Gold Coast, saw its stock value plunge 28% on Thursday after revealing a significant decline in cash reserves.

Australia's Star Entertainment Faces Financial Crisis Amid Mounting Challenges
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Jan 11, 2025

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