Star Entertainment Group today (July 30) has announced its semester report for the fourth quarter, which ends on June 30, 2025, with a highlight of “continuous softness”.
Q4 FY25 revenues amounted to $ 270 million, with Ebitda losing $ 27 million. In the previous quarter, in Q3 FY25, the company reported the loss of EBITDA of $ 24 million.
According to The companyThe results of this period “reflect the continuous softness in operational performance due to the constantly difficult operating environment, including the impact of mandatory play and monetary restrictions in New South Wales and the most stringent regulatory requirements in all real estate.”
in Star Sydney, the compulsory cards, and $ 5,000 cash via the entire gaming hall on October 19, 2024. The cash limits are scheduled to be reduced to $ 1,000 by August 19, 2025.
At Star Gold Coast and the property in Brisbane, the mandatory borders of cards and monetary restrictions were legislated, but the implementation is still subject to the regulations conducted by the Queensland government, which has not yet been done.
In Star Sydney, the revenues were compatible with the previous quarter, “which reflects the growth in table revenue for the hotel’s low revenue.”
As for the impact of the mandatory playing cards and cash limits in this place: “Since 19 October 2024 (being the date on which the compulsory play of championships has been implemented and $ 5,000 cash was fully implemented via the wider casino), the average daily revenue has decreased by 17 % until June 30, 2025, compared to the average daily revenue before August 19, 2024 (the first stage of implementation).”
in Star Gold Coast, revenues and Ebitda were compatible with the previous quarter, but games revenue decreased by 6 % compared to the third quarter that is said to be due to declines in table games.
In The Star Brisbane, the revenues resulting from the integrated resort of Q4 of Q4 amounted to $ 111 million, as Ebitda amounted to 6 million dollars.
Distinctive image: created by AI via IDEOGRAM
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