The Business Times

Star Entertainment faces trading suspension after earnings delay

Summarise
    • Star Entertainment and its chief executive, Steve McCann, have been scrambling to secure funding in a last-ditch effort to prevent the business from collapsing. 
    • Star Entertainment and its chief executive, Steve McCann, have been scrambling to secure funding in a last-ditch effort to prevent the business from collapsing.  PHOTO: BLOOMBERG
    Published Mon, Mar 3, 2025 · 08:45 AM

    THE Australian Securities Exchange suspended trading in Star Entertainment Group shares on Monday after the casino operator missed its first-half earnings report deadline last week, a filing showed.

    The company had been waiting to receive bailout offers on Friday. It did not immediately respond to a Reuters request for comment.

    Star Entertainment has faced both regulatory challenges and financial difficulties.

    Star Entertainment and its chief executive, Steve McCann, have been scrambling to secure funding in a last-ditch effort to prevent the business from collapsing. REUTERS

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