The Star Entertainment Group ASX:SGR Stock Price & Overview

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The Star Entertainment Group ASX:SGR Stock Price & Overview

Star Entertainment shares have lost more than 90% of their value in the past 3 years. Angus Hewitt discusses where the company stands and what needs to change. “In the absence of one or more of those arrangements, there remains material uncertainty as to the group’s ability to continue as a going concern,” management warned. The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available. Star Entertainment Group is forecast to grow earnings and revenue by 57.1% and 0.09% per annum respectively while EPS is expected to grow by 55.3% per annum.
It is suing several former directors and executives, including the former chief executive, in a case expected to last six weeks. Elizabeth Sheedy is on the advisory board of the Financial Integrity Hub and was previously on the board of the Australian Compliance Institute. In the past she has received research funding from financial institutions that have been accused of money-laundering, and from the Australian Compliance Institute. So first is the cyclical downturn in discretionary spending that’s weighing on main floor gaming. We do expect VIP gaming to come back to levels much, much lower than it was pre-COVID. But we do expect it to come back to some extent over the next few years.
However, Star and its JV partners were “unable to reach agreement on a number of outstanding commercial issues” relating to the deal. Revenues are down, with Star Entertainment reporting an unaudited $270 million in revenue for 4Q FY25, down 31% on 4Q FY24. The gambling company confirmed that JP Morgan increased its voting power in the group by 6.34% to 7.41%, taking its shareholding from around 182 million to nearly 213 million. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work.
Consumer discretionary shares led the market sectors amid positive retail and inflation data last week. Of the ASX 200 companies reporting this morning, investors have been pleased with Ansell (+6.8%) while JB HiFi (-2.5%), and Car Group (-6.2%) have not impressed, both facing tighter margins. That’s after Donald Trump told reporters that he planned to hit steel and aluminium imports — it appears investors are treating it as a potential positive for BlueScope, which has US operations. Tech company WiseTech Global’s share price has slumped after fresh allegations were aired against billionaire founder Richard White in Nine Newpapers this morning. She said “it’s questions of that kind” against the risk of losing a casino license that the board should have asked. The operator had planned to sell its 50 per cent stake in the Brisbane complex to its business partners, but the talks have broken down. Star has arguably underinvested in its Sydney OzWin casino loyalty rewards, however the $500 million sunk in improving its VIP gaming segment is unlikely to deter Crown casinos from capturing 60% of its VIP market share by fiscal 2025.
Health sector protective goods maker Ansell has impressed investors the most of all the ASX 200 companies reporting today. Of the ASX 200 companies reporting today, investors were happy with Ansell (+8.1%) while JB HiFi (-4.6%), and Car Group (-6.5%) didn’t impress, despite higher interim profits. Ansell was the best of the ASX 200 companies reporting today (+8.1%), while JB HiFi (-4.6%) and Car Group (-6.5%) reported higher interim profits, but both fell short of their investors’ lofty expectations. The legal battle between Star Entertainment and the corporate regulator started in the Federal Court. Meanwhile Hong Kong investors are circling Star’s stake in the Queen’s Wharf just casino cashback complex, sending shares higher. Strict new gambling rules and casinova progressive jackpots fewer tourists at the casino operator’s flagship Sydney establishment have pushed the company into a loss for the past three months.
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The gold didn’t enjoy much of a day with most miners in the red despite the gold price picking up in the afternoon session. The ASX 200 gained 0.5 per cent ahead of Donald Trump’s inauguration ceremony on Tuesday morning. The group’s joint venture Queen’s Wharf development in Brisbane will feature a new casino with a 99-year licence (and a 25-year exclusivity period) with completion due in late 2023.
Yes, The Star Entertainment Group had historically paid two fully franked dividends a year. The last dividend was paid in July 2020 amid COVID-19 affecting the company’s normal operations. More recently, fines for regulatory breaches have affected the company’s bottom line. The Star Entertainment share price is down 67% compared to a year ago. Yesterday, Nick Weeks, acting as a stand-in manager of Star Sydney, delivered his view on recent activities within the company. Weeks accused the ricky casino best crypto casino bonuses of ‘bulk approving’ high-risk customers and going as far as to falsify documentation. Xingchun Wang has spent more than $38 million buying shares in Star, which last week warned it was running out of money and could be weeks away from collapse if it did not secure casino login additional financing.
Secondly, I was invited to help reintroduce a team member who was affirming their gender to their department. It was an absolute joy to see the collaboration from all the stakeholders and how their team welcomed them with open arms. Seeing a person’s growth and change since they affirmed has been remarkable and is the perfect story of how allowing people to be their authentic selves really does create a positive impact. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.