Latest Casino Industry News

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The Star Entertainment Faces $110M Loss Amid Restructuring and Refinancing Push

The Star Entertainment Group reports a $110 million statutory loss for H1 FY26 as it undertakes major operational restructuring and seeks refinancing amid challenging market conditions.

Victor Sage

2 Mar 2026

Iris Launches $177M Takeover Bid for Reef Casino Trust with Board Backing

Iris Cairns Property Pty Ltd has agreed to acquire Reef Casino Trust in a $177 million cash takeover bid, endorsed unanimously by the Reef Casino Trust board and its largest unitholders.

Victor Sage

14 July 2025