The Star Entertainment Group Limited (ASX: SGR) Share Price and News

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as at 24 Feb 3:44pm

  • The Star Entertainment Group Limited (ASX: SGR)
    Latest News

    Young man sitting at a table in front of a row of pokie machines staring intently at a laptop. looking at the Crown Resorts share price
    Consumer Staples & Discretionary Shares

    What's happening with Star Entertainment shares following casino licence decision?

    Star Entertainment has updated the market on two regulatory matters and progress with its rescue plan.

    Read more »

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    Consumer Staples & Discretionary Shares

    When will Star Entertainment shares begin trading again?

    Some deadlines in the financial rescue plan provide clues as to when the stock may resume trading.

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    A gambler at a casino bets a pile of chips on one number
    Consumer Staples & Discretionary Shares

    Would you buy more Star Entertainment shares in a capital raise?

    Bally's has suggested a fully underwritten capital raise including a Share Purchase Plan for investors.

    Read more »

    A man sits in a chair hunched over a laptop and covered head to toe in frozen icicles to represent Envirosuite's trading halt
    Consumer Staples & Discretionary Shares

    Star Entertainment shares still frozen amid financial rescue plan as second bidder emerges

    US casino giant Bally's offered to buy a controlling stake in Star Entertainment over the weekend.

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    Share Market News

    7 shares kicked out of the ASX 200 index (and 7 new additions)

    Let's see which shares are leaving the benchmark index later this month.

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    Young man sitting at a table in front of a row of pokie machines staring intently at a laptop. looking at the Crown Resorts share price
    Consumer Staples & Discretionary Shares

    Star Entertainment shares suspended as CEO scrambles for cash

    Shareholders are in limbo as the ASX suspends Star Entertainment shares from trading.

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    A man sitting at his desktop computer leans forward onto his elbows and yawns while he rubs his eyes as though he is very tired.
    Share Market News

    These are the 10 most shorted ASX shares

    Let's see which shares short sellers are targeting this week.

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    a sad gambler slumps at a casino table with hands on head and a large pile of casino chips in the foreground.
    Consumer Staples & Discretionary Shares

    Star Entertainment share price crashes 23% as investors rush to sell

    The casino operator cannot file its half-yearly report, due today, unless it comes up with cash by the market close.

    Read more »

    A woman screams and holds her hands up in frustration.
    Share Fallers

    Why Brainchip, Endeavour, Star, and Telix shares are sinking today

    These shares are ending the week deep in the red. But why?

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a rocky but positive start to the week's trading this Monday.

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    The words short selling in red against a black background
    Share Market News

    These are the 10 most shorted ASX shares

    Let's see which shares short sellers are targeting this week.

    Read more »

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was another rough day for ASX investors.

    Read more »

    Frequently Asked Questions

    Yes, The Star Entertainment Group had historically paid two fully franked dividends a year. The last dividend was paid in July 2020 amid COVID-19 affecting the company’s normal operations. More recently, fines for regulatory breaches have affected the company’s bottom line.

    The Star Entertainment Group listed on the ASX on 6 June 2011.

    SGR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About The Star Entertainment Group Limited

    The Star Entertainment Group (ASX: SGR) operates three hotel and casino complexes in Australia. These are The Star Sydney (casino licence expiring in 2093, with electronic gaming machine exclusivity expiring in 2041), The Star Gold Coast (a perpetual licence), and Treasury Casino and Hotel in Brisbane (licence expiring in 2070).

    The group's joint venture Queen's Wharf development in Brisbane will feature a new casino with a 99-year licence (and a 25-year exclusivity period) with completion due in late 2023. The new casino will replace Treasury Casino and Hotel, which will be repurposed into a hotel and retail site.

    In 2022, The Star Entertainment Group was found unfit to hold casino licences in both New South Wales and Queensland. The company was fined $100 million by both states with a new manager appointed to oversee Star's operations to regulated standards. Its Sydney casino licence was suspended while in Queensland, a 90-day suspension has been deferred to December 2023.

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