{"id":1985669,"date":"2025-08-28T23:21:25","date_gmt":"2025-08-28T23:21:25","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=1985669"},"modified":"2025-08-28T23:21:25","modified_gmt":"2025-08-28T23:21:25","slug":"australias-star-entertainment-reports-narrower-annual-loss","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/australias-star-entertainment-reports-narrower-annual-loss\/","title":{"rendered":"Australia&#8217;s Star Entertainment reports narrower annual loss"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"atoms-wrapper\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->-Australia&#8217;s Star Entertainment reported a narrower annual loss on Friday, helped by the absence of a massive impairment charge that weighed on last year&#8217;s earnings, though remediation costs and subdued patron spending continued to pressure the bottom line.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->The casino operator reported a net loss after tax on a statutory basis of A$471.5 million ($306.38 million) for the year ended June 30, compared to A$1.69 billion logged last year.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->That missed the consensus estimate of loss of A$244.5 million, according to consensus provider Visible Alpha.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->($1 = 1.5389 Australian dollars)<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->(Reporting by Rajasik Mukherjee and Nikita Maria Jino in Bengaluru; Editing by Mohammed Safi Shamsi)<!-- HTML_TAG_END --><\/p>\n<\/p><\/div><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source finance.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>-Australia&#8217;s Star Entertainment reported a narrower annual loss on Friday, helped by the absence of a massive impairment charge that weighed on last year&#8217;s earnings, though remediation costs and subdued patron spending continued to pressure the bottom line. The casino operator reported a net loss after tax on a statutory basis of A$471.5 million ($306.38 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1985670,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[21823,357381,353435,357380,51925,357382],"class_list":["post-1985669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-australia","tag-impairment-charge","tag-net-loss","tag-remediation-costs","tag-star-entertainment","tag-visible-alpha"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/Australias-Star-Entertainment-reports-narrower-annual-loss.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1985669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=1985669"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1985669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1985670"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=1985669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=1985669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=1985669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}