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How The Star Entertainment Secured $233M Amid Casino License Suspensions and JV Uncertainty
2:31pm on Wednesday 30th of July, 2025 AEST
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Leisure & Entertainment
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How The Star Entertainment Secured $233M Amid Casino License Suspensions and JV Uncertainty
2:31pm on Wednesday 30th of July, 2025 AEST
Key Points
Q4 FY25 revenue steady at $270 million, EBITDA loss widens to $27 million
Strategic investment of $300 million agreed with Bally’s and Investment Holdings, $233 million received
Sale of Sydney Event Centre completed for $60 million, proceeds released from escrow
Ongoing regulatory challenges with suspended casino licenses in Sydney and Gold Coast
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The Star Entertainment (ASX:SGR)
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