Jpmorgan Chase acquires a stake in Star Entertainment, Deposit Offers

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Outside the JPMorgan Chase & Co building in New York.

In another update for the Star Entertainment Group, JPMorgan Chase is now 5.66 % at work.

This percentage represents the new voting force for investment bankers within the company, where the news is shared by advertising ASX and notifying the big contribution.

As required by the 3.19 base, the Star Entertainment Group Limited (company) gives a notification that it has become aware that JPMorgan Chase & Co. and its subsidiaries have become a major shareholder for the company on August 1, 2025, with relevant interests with a total of 162,330,539 ordinary shares, represented by 5.66 % of the company’s voting force in the company. Read the notification.

Jpmorgan Chase & Co and Star Entertainment Group Timeline

This comes after announcing it again in December 2024, that JPMorgan Chase has stopped being a contributor to Star Entertainment, with exchange exchange in detail.

The company had a 5.09 % stake in the Australian company before it was withdrawn. Just one month later, in Jan Increase their shares.

The reason behind the latest change is not yet known, but it comes at the time of the uncertainty of the gambling and entertainment company.

The last two years have made the brand many problems, as it announced the end An agreement with its joint partners Earlier this month.

Despite this week (August 6), the New South Wales government The company’s lengths of the small life artery. Instead of offering a $ 1,000 ($ 650.49) games on August 19, it will be postponed until August 19, 2027. This means that the maximum of $ 5,000 will remain in place, which may provide some comfort for the casino brand.

This came after Star and Crown Sydney wrote to officials to request a delay. According to reports, Star needed to delay the regeneration of her devices to suit the inserted restriction. With two years around the clock, you can now tend to 1500 machines.

Distinctive image: credit for Ben Sarraland on FlekerSupport 2.0 general licenses

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