Australian gaming operator The Star is still in discussions with ‘State governments, regulators and the Company’s lenders’ as it attempts to resolve its ‘financial position’.

A Singaporean businessman, Wong Yew Choy, has been ordered by an Australian court to pay over AU$38 million ($25.3 million) in gambling debts to The Star Gold Coast casino. 

Australian gaming operator The Star Entertainment has appointed former Crown Resorts COO Mark Mackay as its Chief Executive Officer of The Star Gold Coast, effective from Tuesday.

Australian gaming operator The Star Entertainment Group has announced that is subsidiary in Queensland has reached an agreement to sell its leasehold on the Treasury Brisbane Casino building for $45.5 million.

Australian gaming operator The Star has released an update, confirming that it is ‘reviewing its financial and liquidity position with various advisors’ in preparation of the launch of its financial results for the January-June period.

Trading in the securities of The Star Entertainment Group Limited has been suspended at the company's request after a report by the New South Wales casino regulator declared the group unsuitable to regain its Sydney casino license.

The Star has confirmed it received approval to close The Treasury Brisbane Casino to the public at midnight on August 25th ahead of the opening of Queen's Wharf Brisbane.

It's a series of ups and downs for embattled The Star. The newest extension on its Sydney casino special manager's tenure could bode well for its remediation efforts, but a top former regulator says there's zero chance it will get its license back at this point. And a total license cancellation is still possible, with potential investors circling, weighing the gains and risks - a beneficial price point but with knock-on obligations. Meanwhile, in Macau, MGM is firmly pursuing its Thailand exploration, with the group's CEO taking a visit to see how to leverage the investment through MGM China.

A top former Victorian gaming regulator has predicted that there is a 70 percent chance that The Star Entertainment Group can see the license suspension period of its Sydney casino extended, while seeing zero chance it will be granted back after the Bell Two inquiry.

The Star Entertainment Group has seen the appointment of the special manager for its Sydney Casino extended until March 31st of 2025, potentially offering insight into the results of the Bell Two inquiry into its suitability to maintain its casino license in the state.