Major Stakeholder Pulls Out as Australian Casino Operator Faces Mounting Challenges In a move highlighting growing concerns within the gaming sector, JPMorgan Chase has sold off its entire stake in Star Entertainment, Australia’s second-largest casino operator. The announcement, confirmed in a recent exchange filing, revealed that the investment banking giant had divested its 5.09% voting […]
Star Entertainment
Star Entertainment Heavily Impacted by Proposed NSW Casino Tax Hike Proposal
Star Entertainment Group’s newly-appointed CEO Robbie Cooke has warned a proposal by the NSW government to increase the tax on pokie machines would have a damaging impact on casinos. Star Sydney to Undergo Urgent Review if Tax Hike is Implemented Under new changes proposed by the state, casinos would have to pay a top rate […]
