Star Entertainment continues to lose money across its precincts – the introduction of cash limits and mandatory identification cards at its Sydney casino has plunged the group into a quarterly loss.
The ASX-listed casino operator told investors on Wednesday that there was still material uncertainty regarding its ability to continue as a going concern. It posted an earnings before interest, tax, depreciation and amortisation (before significant items) loss of $21 million in the quarter ending March 31.
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