Tuesday, March 28, 2023

Tag: Star Entertainment

Star reports full year profit

Star Entertainment Australia financials
A solid showing in the domestic market helped Star Entertainment offset a massive decline in its international VIP business in the company’s full year results.

Star Entertainment quietly optimistic following challenging FY19

Star Entertainment FY19
Star Entertainment said it’s begun to see signs of improvement in its domestic business in the wake of a tough 2019 financial year which saw a fall in..

Possible reprieve for Star Entertainment’s Sydney hotel project following state premier’s intervention

Star Entertainment Sydney hotel
State premier Gladys Berejiklian has ordered a review of Pyrmont’s planning rules after the New South Wales Planning Department found that Star..

Star Entertainment adjusts 2019 forecast as VIP revenue falls

Star Entertainment VIP fall
Star Entertainment group has wiped $12.6m from its 2019 profit forecast, after its international VIP turnover and domestic market performance declined..

Queensland government greenlights new Star Entertainment Gold Coast masterplan

Star Entertainment, Queensland government, Gold Coast resort
Star Entertainment has confirmed that the Queensland government has signed off on the expanded masterplan for its Gold Coast resort. The masterplan, a joint project between Star and its Hong-Kong-based partners Chow Tai Fook and Far East Consortium, will see the construction of five new hotel towers at The Star Gold Coast, four of which have been added to earlier...

For all the tea in China – the start of a VIP renaissance in Macau?

Casino Review Crown Resorts
The arrests of 18 Crown Resorts employees suspected of recruiting gamblers from mainland China has sent shockwaves through the Asia Pacific casino industry. As analysts, execs and investors grapple with the implications, could this be the start of a VIP renaissance in Macau?   When the news broke that 18 employees of Crown Resorts had been arrested by Chinese authorities in...