Casinos
Opinion
For subscribers
Fine now, pay later: Is Star trying to game the government?
Star Entertainment’s financial position has gone from bad to diabolical. And the previously unthinkable prospect of having to sell its marquee asset, the Star casino in Sydney, is now up for discussion.
- by Elizabeth Knight
Latest
Updated
The Star Entertainment Group
Star Entertainment to cut 500 jobs following ‘rapid deterioration’
The embattled casino group will axe 500 positions as part of a series of cost savings initiatives following record low earnings.
- by Amelia McGuire and Lucy Cormack
Exclusive
The Star Entertainment Group
How will tax hike affect 4500 casino jobs, union asks government
The union representing thousands of workers at Sydney’s Star casino has sought an urgent meeting with the NSW Treasurer.
- by Lucy Cormack
Opinion
Opinion
Premier should implement proposed tax on Star casino
Chris Minns needs to get on the front foot regarding gambling policy, despite The Star threatening to review its Sydney operations if a proposed tax hike goes ahead.
- by The Herald's View
Updated
The Star Entertainment Group
The Star Sydney CEO resigns as NSW treasurer seeks tax briefings
NSW Premier Chris Minns would not be drawn on whether his government will maintain a controversial casino tax increase proposed by the former government.
- by Amelia McGuire and Lucy Cormack
‘Earning back the trust’: Star Entertainment ushers in new chairman
The embattled casino giant has named former Suncorp Bank CEO David Foster as its new chairman after two state inquiries.
- by Amelia McGuire
Breaking
The Star Entertainment Group
Star Entertainment secures $800 million lifeline in capital raising
The wagering giant raised $203 million from retail shareholders at $1.20 per share, after securing $595 million from institutional shareholders earlier this month.Â
- by Amelia McGuire
Star’s tax rate will stay the same despite threat of job losses, says Labor
NSW Labor will not reduce the casino’s tax rate if elected, while The Star insists a rise recently written into the budget will force job losses.
- by Lucy Cormack
‘A mess of Matt Kean’s making’: War of words erupt over proposed tax increase on Star’s pokies
All eyes will be on NSW Treasury’s pre-election budget outlook to see if the state government has amended a tax proposal on Star Entertainment Group’s poker machines, which could decimate its Sydney operations if legislated in its current form.
- by Amelia McGuire and Lucy Cormack
Opinion
For subscribers
Why this billionaire pub baron raided Star casino shares
Gaming and pub king Bruce Mathieson didn’t get rich overpaying for assets, and clearly thinks there is money to be made in Australians’ love of a punt and a drink.
- by Elizabeth Knight
Analysis
Poker machines
A tax hike for Sydney’s Star casino may have morphed into a government headache
For a government on a crusade to overhaul the gambling industry and needing a pre-election revenue boost, the casino giant was an easy target.
- by Lucy Cormack