Star Entertainment Group reports a loss but says improvements are in the wings

The Star targets strategic improvements after first-half loss

The Star Entertainment Group has announced its results for the first half of the 2026 financial year, with a statutory net loss of $109.7m after significant items (post-tax) of $34m and normalised loss after tax of $75.7m before significant items. The first half of the year saw a number of changes to The Star’s Board and executive management, including the appointment of Bruce Mathieson Jnr  as Group Chief Executive Officer in December 2025. Sin…

Casino operator’s cash stocks dwindle after big loss

Cash stockpiles have been dwindling at loss-making casino operator Star Entertainment Group, but the firm is making inroads on refinancing its debt in a high-wire battle to survive. The group had $130 million in available cash as of December 31, down from $234 million six months ago, according to its interim results lodged on Friday night. Star posted a half-year operating earnings loss of $7.6 million and suffered a statutory loss of $109.7 mil…

Star Entertainment Group reports a loss but says improvements are in the wings

Star Entertainment Group Ltd (ASX: SGR) has reported a modest loss amid "challenging" trading conditions, as the company's turnaround plan continues to evolve. The company said in a statement to the ASX on Monday that revenue for the first half was $585 million, down from $650 million for the previous corresponding period, while the company posted an EBITDA loss of $8 million compared with a $26 million loss previously. The net loss including on…

The Star says ability to continue is still a going concern after booking $77.4 M half-year loss

The Star Entertainment Group indicated on Monday that ‘there remains material uncertainty regarding the Group’s ability to continue as a going concern’, as it announced a AU$109.7 million ($77.44 million) loss for the fiscal half-year ending December 31st, 2025. The post The Star says ability to continue is still a going concern after booking $77.4 M half-year loss first appeared on Asia Gaming News | AGB - Asia Gaming Brief.