The Star Entertainment Group Limited (ASX:SGR)
Australia
· Delayed Price · Currency is AUD | Market Cap | 315.32M |
| 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 | 70,452 |
| Average Volume | 11,572,908 |
| Open | 0.125 |
| Previous Close | 0.110 |
| Day's Range | 0.100 - 0.127 |
| 52-Week Range | 0.100 - 0.585 |
| Beta | 1.22 |
| RSI | 39.13 |
| Earnings Date | Feb 27, 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]
Financial Performance
In 2024, ASX: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 StatementsNews
Star Entertainment extends Salter Brothers $750m deal deadline
Star Entertainment needs to lock in a multimillion-dollar funding package before the start of April or faces the prospect of voluntary administration.
Bally's enters the race for Australian gaming company Star Entertainment
Bally's Corp (BALY) makes a surprise $158M bid for Australia's Star Entertainment (EHGRF) to recapitalize assets. Discover what this means for investors.
How Star’s ‘buyer of last resort’ entered its orbit at a meeting in New York
Star Entertainment looked everywhere for funds in recent months, just not the place it would end up attracting a bid. Why not?
American casino giant Bally’s makes a play for Star Entertainment
The company, which owns and operates 19 venues in the United States, has offered a $250 million recapitalisation proposal that would hand it control.
Star Entertainment shares to remain suspended despite deal
The company’s chief executive, Steve McCann, needs to secure long-term financing from an unnamed party for the accounts to be signed off and for trade to resume.
Steve McCann is changing Star Entertainment’s business plan mid-flight
The company’s decision to get out of Brisbane and focus on the Gold Coast and Sydney was driven by necessity, and a shift in its direction.
Bang! First shot fired in Healthscope battle
A second game of brinkmanship is brewing, and it has the same explosive features as casino owner Star Entertainment: debt, private equity, jobs and government.
No deal leaves Star Entertainment shares facing long suspension
The casino and its chief executive, Steve McCann, have been negotiating a rescue package over the weekend but have so far failed to land an agreement.
Star scrambles for cash injection to stay afloat as casino giant enters trading halt
The company – which has been looking for a white knight investor – fails to lodge financial accounts as scheduled Follow our Australia news live blog for latest updates Get our breaking news email , f...
Star Entertainment’s board is struggling to sign off on its accounts
Failure to finalise its finances would put the casino operator’s ability to keep its shares trading in doubt and bring its financial predicament to a head.
Star heads accused in court over alleged failure to manage illicit cash risk at casinos as major trial begins
Executives at troubled gambling firm accused by Asic of putting profit over risk management, court hears Follow our Australia news live blog for latest updates Get our breaking news email , free app o...
ASX 200 LIVE: Australian shares fall. Trump to announce tariffs on steel and aluminium at 25 per cent, while The Star Entertainment Group rejects Brisbane Queens Wharf bids.
Shares drop; bidders probe Star for 50pc casino stake; WiseTech responds to founder allegations; Trump plans new steel, aluminium tariffs; JB Hi-Fi sales jump.
Star Entertainment mulls walking away from Brisbane casino ownership
Under one proposal being discussed by the gaming group’s board, two Hong Kong investors would assume control of the property and its debts.
Brisbane Broncos give Star Entertainment sponsorship payment reprieve
The major NRL club signed the embattled casino giant on as a back-of-jersey sponsor in 2022, with a five-year deal worth around $1.5 million every season.
Oaktree’s dealmakers reopen file on Star Entertainment
Oaktree is understood to be actively monitoring the situation and is reasonably advanced in its efforts, ahead of special situations rival Cerberus.
Star Entertainment divests Sydney events venue in fire sale
The ASX-listed company had warned earlier this month that it was not certain whether it could avoid collapse, as debts mounted and revenues remained weak.
ASX 200 Live: Star Entertainment sells Sydney casino complex sites. Australian shares to rise as Wall St recovers from DeepSeek shock.
December core and headline CPI come in better than expected. Boss Energy soars. Star offloads Sydney sites; Nvidia leaps 8.8pc. Follow for updates here.
Fire drill at battered casino owner Star Entertainment as FTI meets lenders
FTI is understood to have briefed the lender group on how a VA could play out for Star as well as for the banks and credit funds with more than $400 million on the line.
Banks should face penalties for restricting loans under ESG
Readers’ letters on who banks should lend to, election promises, the ESG pushback, Star Entertainment’s bid for tax relief and Taiwan.
Star talks hinge on $350 million question
Star Entertainment’s Steve McCann is yet to see the whites of his lenders and governments’ eyes. The time is coming.
Israel-Gaza ceasefire deal agreed, Bandt aims at Dutton, Kokkinakis’ epic loss
Want to get this in your inbox every weekday? Sign up for the Morning Mail here , and finish your day with our Afternoon Update newsletter Good morning. Jubilant Palestinians have taken to the streets...
Star Entertainment is on the brink of collapse. What happens next?
The casino operator can sell assets or hope a white knight investor emerges – but if it runs out of cash, an administrator could enter the frame Get our breaking news email , free app or daily news po...
ASX 200 LIVE: Australian shares open higher. Macau businessman buys more Star Entertainment shares. City Chic shares leap on holiday sales. New Hope settles appeal. Bitcoin retakes $US94,000.
Australian shares open higher and hedge funds are betting against the Aussie. Macau investor buys further $3m in Star shares. City Chic jumps 20pc.
Mystery Macau businessman emerges as major Star Entertainment investor
The struggling casino operator could fall into administration within months. New disclosures show Wang Xing Chun has been accumulating shares since September.
ASX 200 LIVE: Australian shares fell. ANZ predicts February interest rate cut. Commonwealth Bank shares drop 2 per cent as banks fall. Star Entertainment extends losses.
Australian shares fell on Friday, banks drop. ANZ calls February rate cut. Star extends losses. Oil and iron ore advanced. The Aussie hits new two-year low.