Star Entertainment's quarterly loss widens sequentially as storms, weak demand hit casinos

Reuters

2025/04/30

April 30 (Reuters) - Star Entertainment's SGR.AX third-quarter operating loss widened from the previous quarter on Wednesday, as seasonal weakness, dwindling casino visitors and Queensland property closures from March storms battered the troubled Australian gambling operator.

For the quarter ended March 31, the company reported a loss in earnings before interest, taxes, depreciation, and amortization of A$21 million ($13.41 million), before significant items, compared with an EBITDA loss of A$8 million in the prior quarter.

($1 = 1.5657 Australian dollars)

(Reporting by Roushni Nair in Bengaluru; Editing by Alan Barona)

((Roushni.Nair@thomsonreuters.com))

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Editing by Alan Barona)</p><p> ((Roushni.Nair@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7078","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nL4N3R8028:1","article_id":"2531743749","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531743749","pubTimestamp":1745973052,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Star Entertainment's quarterly loss widens sequentially as storms, weak demand hit casinosApril 30  - Star Entertainment's SGR.AX third-quarter operating loss widened from the previous quarter on Wednesday, as seasonal weakness, dwindling casino visitors and Queensland property closures from March storms battered the troubled Australian gambling operator.For the quarter ended March 31, the company reported a loss in earnings before interest, taxes, depreciation, and amortization of A$21 million , before significant items, compared with an EBITDA loss of A$8 million in the prior quarter.  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