Yesterday
Not even Star’s collapse could halt CEO’s bonuses
Whoever tips in money to solve Star’s cash crunch has a real chance of losing it. But not Steve McCann.
- Myriam Robin
This Month
- Exclusive
- Casinos
Star’s lenders offer $150m lifeline as casino fights for survival
The gaming group, which operates in Sydney, Brisbane and the Gold Coast, has been in turmoil since its shares were suspended from trade earlier this month.
- Zoe Samios and Anthony Macdonald
Blackstone is burning through Crown Casino
The global real estate giant has lost another top-ranking casino executive, to go with the two others who left last month.
- Mark Di Stefano
HG Vora chips away at Pointsbet stake; Jefferies on hand
Sources said it was a standard block trade, with three funds on the buy side.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Star confirms sale of Treasury Casino site in scramble for cash
The troubled gaming company has ended months of speculation, pocketing a much-needed $60.7 million from selling its Brisbane property to Griffith University.
- James Hall and Zoe Samios
Vow to release secret Queensland report into Star’s HK partner
The report into Star Entertainment’s marquee Brisbane casino examined possible criminal links with one of its business partners.
- James Hall and Zoe Samios
Star Casino has Queensland over a barrel
The sideshow casino group is seeking relief from a government full of friends.
- Updated
- Mark Di Stefano
- Opinion
- Gambling
It’s time Australia put the guardrails on its gambling habit
The public is ready for gambling reform, if only politicians were brave enough to take it up.
- Aruna Sathanapally
- Exclusive
- Casinos
Star Entertainment’s banks baulk at cost blowouts and demands for debt
The ASX-listed casino operator has been negotiating with its lenders for days. But delays getting security over individual properties is slowing down progress.
- Zoe Samios, Anthony Macdonald and James Hall
- Opinion
- The AFR View
No tax break bailout for Star’s casino racket
The question posed by Star’s financial struggles and concerns about its Queen’s Wharf partner is whether any casino in Australia can be profitable without dirty money.
- The AFR View
This poker pro wants to teach you how to be a better gambler
Nate Silver’s account of the gaming industry can be read as a useful manual for aspiring card sharps and professional sports gamblers, but it doubles as an indictment.
- Max Chafkin
- Opinion
- Chanticleer
McCann’s Star plan collides with angry lenders, politics
It’s one thing to have a turnaround plan, it is another to get the clear air to pull it off.
- Anthony Macdonald
- Updated
- Gaming & wagering
Sceptical NSW poised to reject Star’s pleas for tax relief
But the Queensland government appears open to allowing the embattled casino operator to push back the tax debt that it owes, to give it breathing room.
- Updated
- Zoe Samios and James Hall
- Exclusive
- Casinos
Star asks lenders for relief and money to secure financial future
The struggling casino giant has also asked for temporary tax relief from the NSW and Queensland governments as it prepares to resume trading on Monday.
- Zoe Samios and Anthony Macdonald
- Exclusive
- Online gambling
Gambling advertising ban on jerseys and stadium signs back in play
The government had planned a separate process, but discussions have restarted after bookies supported the idea.
- Ronald Mizen, Zoe Samios and Sam Buckingham-Jones
August
- Updated
- Casinos
Regulator has Star chair in its sights despite licence reprieve
A report authored for the NSW regulator was scathing in its assessment of the company’s former chief executive and its board, led by chairwoman Anne Ward.
- Updated
- Zoe Samios
- Opinion
- Chanticleer
The Star’s still too big to fail. Its redemption rests with one man
The Star will be given yet another lifeline. But its new rescuer-in-chief faces an incredibly difficult task.
- James Thomson
- Exclusive
- Casinos
Star rushes to shore up its finances ahead of damning review findings
The casino group is poised to write down assets and announce a major cost-cutting program when a report from the NSW regulator is released.
- Zoe Samios
Inside the billion-dollar battle to ban gambling ads
This week on The Fin podcast, Ronald Mizen and Sam Buckingham-Jones on what the government is likely to do and whether it will be enough.
- Updated
- Earnings season
McLachlan hits the Tabcorp reset button with $1.4b write-down
The wagering giant struggles to best its larger overseas rivals, and its new chief executive says it was obvious it would not meet cost reduction targets.
- Updated
- Zoe Samios
