The Star swings back to positive quarterly EBITDA on stronger casino sales
Per smallcaps.com.au, The Star Entertainment posted $12 million quarterly EBITDA for the period to September 30, versus a loss a year earlier.
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what happened
The Star Entertainment Group has moved back into positive quarterly EBITDA, reporting $12 million for the three months to September 30. A year earlier it lost $13 million, and in the June quarter the loss was $9 million. Revenue rose 8% from the previous quarter and 2% year on year, according to smallcaps.com.au, with trading at its two owned casinos improving.
The Star Sydney generated $162 million in revenue, up 8% from June, and segment EBITDA of $15 million. The Star Gold Coast posted $117 million, 12% higher than a year earlier. Lower corporate costs also contributed. Operating cash flow was nonetheless negative at minus $15.5 million for the quarter.
Licence suspensions and manager appointments in Sydney and on the Gold Coast run until 2027, and the Brisbane property is managed rather than consolidated.
why it matters
The result points to an operational recovery, but the cash position and unresolved licence questions keep the shares sensitive to decisions from Australian gaming regulators.
market impact
The Star and Australian casino stocks: revenue recovery offset by licence and cash-flow risks
tags
instruments
sources
- The Star Entertainment Group Returns to Positive Quarterly Earnings on Improved Casino Revenue — smallcaps.com.au, 27 October 2026 at 04:08 UTC
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