Despite ongoing regulatory issues, Star Entertainment, the second-largest casino operator in Australia, is able to maintain operations at its Sydney location.
Star Entertainment is considering some difficult choices in order to stabilize its finances. These include considering selling off some of its assets and eliminating up to 350 jobs. Furthermore, in just one year, Star's stock price has plummeted, falling by more than half. This indicates that investors are concerned about the company's ability to survive.
Star Entertainment is considering some difficult choices in order to stabilize its finances. These include considering selling off some of its assets and eliminating up to 350 jobs. Furthermore, in just one year, Star's stock price has plummeted, falling by more than half. This indicates that investors are concerned about the company's ability to survive.