Star Entertainment has warned it has just $79 million left in cash – far less than it spent in the past three months – as it struggles to attract customers and cut costs. The company ...
has cut jobs and recorded a sharp decline in profits as trading has declined in the past two years. Star’s most recent update has raised concerns over its viability. Its shares fell 28 per cent ...
Will a $79m cash crunch ... taking Star Sydney. Malaysian gaming giant Genting has been mooted as a possible buyer of Queen’s Wharf. The company has already accessed half of a $200m financial ...
things are not looking good for Star right now. According to the release, its unaudited accounts show that it expects to report an available cash balance of $79 million when it releases its half ...
That could result in the loss of 9000 jobs across NSW and Queensland. Star said it expects to release its half year results on February 28 but at least one broker is now warning the company could ...