Star Entertainment Earns A$12 Million Group EBITDA in Fiscal Q1 2027
Star Entertainment reported quarterly group EBITDA of A$12 million, revenue of A$284 million and cash of A$239 million as of September 30, 2026.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Reuters reports that The Star Entertainment Group posted group EBITDA of A$12 million for the first quarter of fiscal 2027. Revenue for the quarter reached A$284 million, and cash and cash equivalents stood at A$239 million as of September 30, 2026.
The licence for the Star Sydney casino remains suspended. The manager's appointment for that venue now runs to June 30, 2027. The external adviser for Star Brisbane is appointed until March 31, 2027, while the deferral of the suspension of the Star Gold Coast casino licence and the special manager's term also extend to March 31, 2027.
why it matters
For investors, the key points are the company's liquidity and the length of regulatory oversight. Quarterly profit is modest against A$284 million in revenue, so the business outlook depends heavily on when the Sydney casino can resume operations. The story matters mainly to the niche gambling sector.
market impact
Star Entertainment: weak quarterly profit and a suspended licence weigh on the company's shares
tags
instruments
sources
- Star Entertainment Group Posts Q1 FY27 Group EBITDA A$12 Million — Reuters, 27 October 2026 at 01:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗