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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

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    | Sebastian Bowen

    Investors endured another rough trot this hump day.

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    | Zach Bristow

    This continues a long downtrend.

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    It was another day and another record high for ASX shares.

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    Cheap Shares

    6 ASX shares down 50%+ in 2024. Are they cheap?

    | Sebastian Bowen

    A cheap share doesn't always mean a bargain.

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    Why Life360, Metcash, Star Entertainment, and Westpac shares are pushing higher

    | James Mickleboro

    These shares are having a strong session on Tuesday. But why?

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    | Sebastian Bowen

    Investors enjoyed a decent start to the week's trading today.

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    Share Fallers

    The worst ASX 200 shares to own in November unmasked

    | Bernd Struben

    These three ASX 200 shares were best avoided in November.

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    Share Fallers

    Why Ampol, Findi, Humm, and Star Entertainment shares are dropping today

    | James Mickleboro

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    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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