Star Entertainment reports A$184.6m quarterly revenue as loss narrows
Star Entertainment reported revenue of $184.6 million for the three months ended 30 September, up 5% on the previous quarter and down 19% year on year. The company reported narrower EBITDA losses, while its operating conditions remained challenging amid regulatory pressure, mandatory cash and carded-play rules, and financing and legal uncertainties.
The quarterly figures give investors an update on Star Entertainment’s performance amid regulatory and financing pressures.