Star Entertainment Posts A$307.3 Million Annual Loss
Star Entertainment reported a statutory net loss of A$307.3 million for the financial year ended June 30, 2026.
The result was better than the A$427.9 million loss recorded a year earlier, but worse than the A$180 million loss expected by Visible Alpha analysts.
The Australian casino operator warned that difficult trading conditions are likely to continue. Weak table gaming revenue in New South Wales, debt obligations and ongoing regulatory action remain major pressures on the business.
Star reported some improvement in July, with combined revenue from The Star Sydney and The Star Gold Coast rising 6% year-on-year.
Tim Waterer, chief market analyst at KCM Trade, explained:
The company needs a clearer recovery in gaming revenues, continued tight cost control and progress on the regulatory front.
Star shares fell 3.8% on August 31, 2026.
Earlier in 2026, the company refinanced its debt through a $390 million secured term loan from WhiteHawk, increasing available liquidity by A$130 million. This followed a A$300 million investment in 2025 led by Bally’s and the Mathieson family.
