{"id":2125848,"date":"2025-10-30T23:36:19","date_gmt":"2025-10-30T23:36:19","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2125848"},"modified":"2025-10-30T23:36:19","modified_gmt":"2025-10-30T23:36:19","slug":"australias-star-entertainment-narrows-first-quarter-losses-on-a-sequential-basis","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/australias-star-entertainment-narrows-first-quarter-losses-on-a-sequential-basis\/","title":{"rendered":"Australia&#8217;s Star Entertainment narrows first-quarter losses on a sequential basis"},"content":{"rendered":"<p><\/p>\n<div>\n<div data-testid=\"paragraph-0\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\">Oct 31 (Reuters) &#8211; Australian embattled casino group Star Entertainment <a rel=\"nofollow\" target=\"_blank\" data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/SGR.AX\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(SGR.AX)<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" data-testid=\"NewTabSymbol\" class=\"link-module__new-tab-symbol__d53s7\"><path fill=\"#666\" d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\"\/><\/svg><span style=\"border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap\">, opens new tab<\/span><\/a> on Friday narrowed its first-quarter loss sequentially due to stabilised trading in Sydney and seasonally stronger volumes on the Gold Coast.<\/div>\n<p>The company reported a loss before interest, taxes, depreciation and amortization for the three months ended September 30 of A$13 million ($8.45 million), compared with a loss of A$27 million for the previous quarter.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> <!-- -->Sign up<!-- --> <!-- --> <a rel=\"nofollow\" target=\"_blank\" data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/australias-star-entertainment-narrows-first-quarter-losses-sequential-basis-2025-10-30\/undefined?location=article-paragraph&amp;redirectUrl=%2Fworld%2Fasia-pacific%2Faustralias-star-entertainment-narrows-first-quarter-losses-sequential-basis-2025-10-30%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\">here.<\/a><\/p>\n<p>However, Star flagged persistent challenging operating conditions due to the mandatory carded play and cash limits in New South Wales and stricter regulatory requirements across all properties.<\/p>\n<p>Shares of the casino operator rose 1.1% in early trade to A$0.089.<\/p>\n<p>($1 = 1.5389 Australian dollars)<\/p>\n<div class=\"article-body-module__element__5eCce\">\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Sneha Kumar in Bengaluru; Editing by Alan Barona<\/p>\n<\/div>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a rel=\"nofollow\" target=\"_blank\" data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles.<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" data-testid=\"NewTabSymbol\" class=\"link-module__new-tab-symbol__d53s7\"><path fill=\"#666\" d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\"\/><\/svg><span style=\"border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap\">, opens new tab<\/span><\/a><\/p>\n<nav aria-label=\"Tags\" data-testid=\"Tags\" class=\"tags-line-module__tags__oT22o article-body-module__element__5eCce\"\/>\n<div class=\"article-body-module__row__jhsYg article-body-module__element__5eCce\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\"><span class=\"button-module__container__7hKTY license-content-button-module__button__fVUbl\"><span data-testid=\"Text\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__body_fixed__x-bYA license-content-button-module__text__o0vYm\">Purchase Licensing Rights<\/span><\/span><\/a><\/div>\n<\/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 www.reuters.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oct 31 (Reuters) &#8211; Australian embattled casino group Star Entertainment (SGR.AX), opens new tab on Friday narrowed its first-quarter loss sequentially due to stabilised trading in Sydney and seasonally stronger volumes on the Gold Coast. The company reported a loss before interest, taxes, depreciation and amortization for the three months ended September 30 of A$13 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"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":[28008,376448,382546,382526,382527,382528,382529,347385,382530,347387,382555,382554,382533,345590,382534,382539,403913,382556],"class_list":["post-2125848","post","type-post","status-publish","format-standard","hentry","category-entertainment","tag-asia","tag-au","tag-aunz","tag-bact","tag-biz","tag-casgm","tag-casgm1","tag-ccos","tag-cmpny","tag-cycs","tag-destocabsm","tag-destousbsm","tag-ents","tag-hot","tag-publ","tag-res","tag-rulesresults","tag-stx"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2125848","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=2125848"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2125848\/revisions"}],"predecessor-version":[{"id":2125849,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2125848\/revisions\/2125849"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2125848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2125848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2125848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}