Remember that individual shares or investments should only be considered as part of a broader investing strategy. Star Entertainment shares have lost more than 90% of their value in the past 3 years. Angus Hewitt discusses where the company stands and https://zudate.com/ what needs to change. The company’s core asset, the casino in Sydney historically generated most of the group’s earnings as the city’s only casino. This monopoly was toppled in 2022 as Crown Resorts entered the scene in a major blow to star. Fears circulate for Star after recent spending suggests the operator would be lucky to survive till their interim results expected late February.
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