The Star Entertainment Group Limited (ASX:SGR)

Australia flag Australia · Delayed Price · Currency is AUD
0.135
-0.005 (-3.57%)
Feb 21, 2025, 4:10 PM AEST
-70.00%
Market Cap 386.98M
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 13,651,701
Average Volume 26,006,841
Open 0.140
Previous Close 0.140
Day's Range 0.130 - 0.140
52-Week Range 0.100 - 0.585
Beta 1.20
RSI 49.93
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]

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

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 Statements

News

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...

12 days ago - The Guardian

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.

12 days ago - The Australian Financial Review

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.

13 days ago - The Australian Financial Review

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.

22 days ago - The Australian Financial Review

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.

24 days ago - The Australian Financial Review

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.

24 days ago - The Australian Financial Review

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.

24 days ago - The Australian Financial Review

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.

4 weeks ago - The Australian Financial Review

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.

4 weeks ago - The Australian Financial Review

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.

5 weeks ago - The Australian Financial Review

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...

5 weeks ago - The Guardian

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...

5 weeks ago - The Guardian

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.

5 weeks ago - The Australian Financial Review

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.

5 weeks ago - The Australian Financial Review

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.

6 weeks ago - The Australian Financial Review

Battling Star Entertainment loses the confidence of its banks

Once a $4 billion casino giant, Star could land in voluntary administration within months as its poor financial results discourage lenders and possible bidders.

6 weeks ago - The Australian Financial Review

Star Entertainment settles fight over superyacht sale

It has agreed to sell the vessel to a wealthy Cypriot businessman, who had sued the casino operator alleging that it tried to back out of an earlier deal.

6 weeks ago - The Australian Financial Review

Star Entertainment Plunges to New Record Low on Cash Burn

6 weeks ago - The Wall Street Journal

ASX 200 LIVE: Australian shares opened lower. Star Entertainment shares fall on cash crunch. UBS downgrades Lovisa. November retail sales growth rises.

Australian shares opened lower in broad sell-off. Retail sales growth rose in November. UBS downgrades Lovisa, Star tumbles. And sell-off hits Aussie bonds.

6 weeks ago - The Australian Financial Review

Star warns of urgent cash crunch, liquidity pain

Embattled casino operator Star Entertainment says it has just $79 million left in cash as it attempts to stay afloat.

6 weeks ago - The Australian Financial Review

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...

3 months 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.

3 months 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.

3 months 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...

4 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.

4 months ago - The Australian Financial Review