Australia's Star Entertainment narrows first-quarter losses on a sequential basis
Australia's Star Entertainment narrows first-quarter losses on a sequential basis
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Australia's Star Entertainment narrows first-quarter losses on a sequential basis

🕒︎ 2025-10-31

Copyright Reuters

Australia's Star Entertainment narrows first-quarter losses on a sequential basis

The company reported a loss before interest, taxes, depreciation and amortization for the three months ended September 30 of A$13 million ($8.45 million), compared with a loss of A$27 million for the previous quarter. Sign up here. However, Star flagged persistent challenging operating conditions due to the mandatory carded play and cash limits in New South Wales and stricter regulatory requirements across all properties. Shares of the casino operator rose 1.1% in early trade to A$0.089. ($1 = 1.5389 Australian dollars) Reporting by Sneha Kumar in Bengaluru; Editing by Alan Barona

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