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Australia’s Star Entertainment swings to an annual loss

08/22/2022

Less than a minute

2022.08.22 01:57

Australia's Star Entertainment swings to an annual loss — Australia’s Star Entertainment swings to an annual loss

Australia’s Star Entertainment swings to an annual loss

Australian casino operator Star Entertainment Group swung to an annual loss on Monday, hurt by long spells of COVID-19-led property and border closures, regulatory reviews and compliance costs.

The country’s second biggest casino operator said its net loss after tax attributable was A$198.6 million ($136.48) million, compared with a profit of A$57.9 million last year.

($1 = 1.4552 Australian dollars)

Australia’s Star Entertainment swings to an annual loss

08/22/2022

Less than a minute

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