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Star Entertainment narrows first-half loss to A$109.7m as revenue falls

Deals & M&A

Star Entertainment reported a statutory net loss of A$109.7m for the six months ended 31 December 2025, while statutory revenue fell 4.1% year on year to A$694.6m. Normalised revenue was A$584.9m and normalised EBITDA showed a A$7.6m loss; Star also said it had signed a non-binding refinancing term sheet with WhiteHawk Capital Partners and must secure a commitment by 31 March to avoid default under current loan terms.

Star’s refinancing deadlines and liquidity position affect its ability to meet current loan terms.

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Gaming stocks begin Q2 earnings reports as ETF falls 1.6%

Gaming companies including Las Vegas Sands, Boyd Gaming and Monarch Casinos were scheduled to report quarterly results during the week covered by the report. The Roundhill Sports Betting & iGaming ETF fell 1.6% in the preceding week, in line with the S&P 500; the report also cited company share moves and financial updates.

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