Sky News Business Reporter Edward Boyd says investor Wang Xingchun has spent $38 million “amassing” his stake in The Star.
In a report released today, Leo Partridge from Morgans maintained a Sell rating on Star Entertainment Group Limited (EHGRF – Research Report), ...
At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of ...
The embattled Australian casino operator cautioned it is burning through cash.
There is nothing about Xingchun Wang’s taking a 5.5 per cent stake in the struggling casino operator that looks like a white ...
Casino giant Star Entertainment Group is on shaky ground as fears of its collapse grow, with thousands of jobs and the future of the new Queen’s Wharf precinct potentially at risk.
The casino operator’s prospects have continued to deteriorate to the point that it may need a gambler’s luck to avoid falling ...
Queensland tourism leaders say the new Queen’s Wharf entertainment precinct in Brisbane is critical to the industry, as ...
Embattled Star Entertainment Group may have just six weeks’ worth of cash left if it doesn’t find additional funders, with analysts from Morningstar giving the company a 50:50 chance of ...
Star Entertainment Group could be broke in a matter of weeks with the future of its casinos in Sydney, Brisbane and the Gold Coast - along with the thousands of jobs they provide - in doubt.
Star Entertainment Group Ltd has reported a steep decline in cash reserves, compounding its ongoing regulatory and ...