From Nasdaq: 2025-01-20 00:59:07

The Star Entertainment Group Limited reported a negative EBITDA of A$8 million for the second quarter, down from A$51 million in the prior year. Revenue also decreased to A$299 million from A$438 million. The company’s available cash as of December 31, 2024, was A$78 million. The Group is exploring liquidity solutions, but there is uncertainty about reaching definitive arrangements to increase liquidity. Without such arrangements, there is significant doubt about the Group’s ability to continue as a going concern.

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Read more at Nasdaq: Star Entertainment Posts Negative EBITDA In Q2 – Quick Facts