The Star Entertainment Group Limited (ASX: SGR)

Australia flag Australia · Delayed Price · Currency is AUD
0.190
-0.005 (-2.56%)
Dec 20, 2024, 4:10 PM AEST
-63.81%
Market Cap 544.64M
Revenue (ttm) 1.68B
Net Income (ttm) -1.68B
Shares Out 2.87B
EPS (ttm) -0.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 24,563,695
Open 0.195
Previous Close 0.195
Day's Range 0.185 - 0.200
52-Week Range 0.180 - 0.585
Beta 1.30
Analysts n/a
Price Target n/a
Earnings Date Feb 16, 2025

About ASX: SGR

The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, and Brisbane. The company owns and operates The Star Sydney and The Star Gold Coast, which include hotels, restaurants, bars, theatres, and other entertainment facilities. It also manages the Gold Coast Convention and Exhibition Centre, as well as operates the Star Grand hotel. The company was formerly known as Echo Entertainment Group Limited and changed its name to The Star Entertainment Group Limi... [Read more]

Founded 2011
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol SGR
Full Company Profile

Financial Performance

In 2024, SGR's revenue was 1.68 billion, a decrease of -10.16% compared to the previous year's 1.87 billion. Losses were -1.68 billion, -30.82% less than in 2023.

Financial Statements

News

Star Entertainment Grapples with Mounting Losses and Negative Cashflow

Star Entertainment Group has reported an EBITDA loss of $5.5 million for October, bringing its total EBITDA loss for the first four months of the financial year to approximately $17.6 million. The com...

22 days ago - CEOWORLD magazine

ASX 200 LIVE: Shares nears record as banks gain; watchdog takes Webjet to court, IAG, Star Entertainment rally

Australian shares edge higher despite late selling on Wall St. Bitcoin tops $US97,000. Dell, HP and CrowdStrike hit by misses. Follow updates here.

24 days ago - The Australian Financial Review

Perpetual sells big line of Star Entertainment at 20¢ a share

The trade was worth $26 million and represented around 4.5 per cent of the company.

6 weeks ago - The Australian Financial Review

Star Casino Turnaround Man Tames Regulator and Wins Lifeline

Star Entertainment Group Ltd. has been allowed to keep running its flagship Sydney casino under government supervision, a letoff for the unprofitable gaming operator after a series of damning governan...

2 months ago - BNN Bloomberg

Star Entertainment hit with hefty fine, but keeps key Sydney licence

The decision by the NSW gaming regulator comes two months after a report authored by Adam Bell, SC, found the casino group unsuitable to operate.

2 months ago - The Australian Financial Review

JP Morgan Takes Stake In Australian Casino Operator Star Entertainment: Details

JP Morgan Chase & Co. (NYSE: JPM) shares are trading higher on Friday. On October 1, 2024, the company became a substantial shareholder in The Star Entertainment Group Limited, acquiring 156.99 milli...

2 months ago - Benzinga

The Star Entertainment Group Ltd (EHGRF) (Q4 2024) Earnings Call Transcript Highlights: ...

The Star Entertainment Group Ltd (EHGRF) (Q4 2024) Earnings Call Transcript Highlights: Navigating Financial Challenges and Strategic Initiatives

3 months ago - GuruFocus

Star Loses Almost Half Its Market Value as Losses, Woes Mount

Star Entertainment Group Ltd. stock tumbled as much as 44% as it resumed trading after a long-awaited and confronting financial update showed the unprofitable casino operator needs even more capital a...

3 months ago - BNN Bloomberg

Star needs new friends to stop the bleeding

Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.

3 months ago - The Australian Financial Review

Casino Operator Star Reports Annual Loss Amid Liquidity, Regulatory Squeezes

Star Entertainment reported a massive annual loss in its delayed results as the embattled Australian casino owner moves to shore up its balance sheet and keep hold of its license to operate in Sydney.

3 months ago - The Wall Street Journal

Star Wins A$200 Million Lifeline in Bid to Keep Sydney License

Star Entertainment Group Ltd. won a new A$200 million ($136 million) debt facility, a vital but expensive lifeline for the struggling Australian gaming company as it fights to keep its Sydney casino l...

3 months ago - BNN Bloomberg

Star funding deal done, now to prevent a white elephant

Star Entertainment’s directors will get over one hurdle, only to face the next. Such is the life of a casino operator in 2024.

3 months ago - The Australian Financial Review

Star Entertainment set to sign financial accounts as bailout finalised

The company – which operates casinos in Sydney, Brisbane, and the Gold Coast – has been in turmoil all month after it failed to lodge its accounts with the ASX.

3 months ago - The Australian Financial Review

Queensland Government set to hand Star Entertainment a tax lifeline

Street Talk understands the state government has agreed to morph Star’s looming tax bill into a Treasury loan.

3 months ago - The Australian Financial Review