Workers win big as US giant grants Star casino’s wish
An international gaming giant has ventured across the world to save the flailing Star casinos after the company came close to entering administration.
casino and gambling
Casino giant rescues Star from brink of folding: report
An embattled casino operator may be thanking its lucky stars after agreeing to a $300 million deal with an international counterpart.
Star’s chips down as $940m debt deal comes off table
Embattled casino giant Star Entertainment is back on the brink of collapse after a refinancing deal fell through, but talks with a US casino giant continue.
State oversight of flailing Star’s casino extended
Casino operator Star Entertainment has accepted a watchdog needs to continue overseeing its tables in Sydney amid financial woes and remediation works.
Casino licence suspension delay a lucky break for Star
A 90-day suspension of Star Entertainment Group's Gold Coast casino licence has been deferred for six months, but the company has been put on notice.
Star reveals mystery lender behind $940m debt rescue
Embattled casino group Star Entertainment has confirmed the lender behind a $940 million refinancing deal, as it mulls multiple pathways for survival
Star secures lifeline to unload entertainment precinct
Star Entertainment Group will exit its ownership and management of the Queen's Wharf Brisbane integrated resort and hospitality precinct.
Nearing collapse, Star hopes for last-minute bailout
Star Entertainment Group shares have fallen to a three-week low as the casino company said it anticipates receiving a last-minute bailout offer.
Duty of care floated for betting ads accountability
A draft proposal to make gambling companies more accountable for harm through a duty of care is being considered by a federal minister.
Falling Star offered $650m lifeline for ailing casinos
With its shares in the doldrums and questions over its operations, Star has been offered a conditional lifeline through a five-year financing proposal.
Foreign buyers circle Star flagship casino precinct
Star Entertainment has confirmed it's in talks to sell its stake in one of Australia's largest entertainment precincts, amid continued financial woes.
Star heads accused of turning blind eye to illicit cash
Executives at troubled gambling firm The Star allegedly put profit over risk management by ignoring the potential criminal cash washing through its casinos.
Senator pushes for gambling industry influence inquiry
David Pocock is critical of the government for not acting on a landmark report recommending banning gambling ads, linking it to industry lobbying efforts.
Teals bet on hung parliament to force gambling ad ban
Independent crossbenchers will leverage their votes in a minority government to force action on banning betting advertising after Labor failed to act.
Wider economy would be hurt from Star collapse: union
As the future of Star Entertainment hangs in the balance, a prominent union says it isn't just casino workers who would be hit by its collapse.
Star shares hit the skids as survival odds take a blow
Shares are down seven per cent at Star after the embattled casino company warned of "material uncertainty" about its ability to continue.
Woman overturns casino ban over ‘unaffordable’ gambling
A woman was banned from a casino after spending more than half her income on gambling, but she argued her multi-million dollar inheritance gave her the means.
No magical save for Star as govt focuses on workers
As the shares of embattled casino operator Star Entertainment fall to an all-time low, a state government has ruled out giving it a financial lifeline.
Casino operator Star’s shares plunge amid grim finances
Star Entertainment says it had just $79 million in cash left at December 31, after burning through $107 million over the previous three months.
Labor notches win as time runs out on political year
Labor has chalked up a last-minute legislative victory, with the Greens backing its housing scheme, as several MPs bid Canberra farewell.
Half of nation vie for $100m Powerball jackpot prize
One lucky Australian may become $100 million richer with the sixth-largest jackpot in lottery history up for grabs in the latest Powerball draw.
Casino operator counts the cost of going cashless
The leaders charged with turning around the fortunes of troubled casino operator Star have given shareholders a frank assessment of the difficulties ahead.
Chips down, shares up as Star fined, suspension remains
The NSW Independent Casino Commission has hit The Star with a $15 million fine after a second probe revealed a series of breaches at its Sydney operation.
Crown fined $2 million over self-exclusion breaches
Crown Melbourne has been fined $2 million over self-exclusion breaches but the regulator has accepted the failures weren't deliberate or reckless.
Rolling the dice: kids aged 10 caught in gambling haze
One in three parents are worried about their teens gambling, with children aged under 10 among those treated for related health problems.
Odds on to ban gambling ads before punters hit polls
Those calling for reform are wondering if Labor will roll the dice and attempt a crack down on gambling advertising with the federal election looming.
Chips are down as Star posts huge loss, cashes in jobs
Star Entertainment has written down the value of its three casinos by $1.4 billion as its new CEO plots a path to turn around the fortunes of the company.
Fallen star: $500 million wiped from Star on ASX
The value of Star Entertainment has plummeted on the ASX after $500 million dollars was slashed from the casino giant's worth as its shares were unfrozen
Warning of ‘unintended consequences’ on gambling reform
As reports emerged about how a gambling ad crackdown may work, Communications Minister Michelle Rowland says the reforms need to be right the first time.
Grieving family ‘betrayed’ as donated $64k gambled away
A man has pleaded guilty after stealing more than $64,000 raised for the heartbroken family of an alleged murder victim to recoup his gambling losses.
Star facing licence cancellation after scathing report
The Star Casino has been given 14 days to explain why it shouldn't face disciplinary action after a scandalous report found it wasn't fit to hold a licence.