Deferral of reduction in daily cash limit at The Star Sydney
Key points
- NSW Government maintains $5,000 daily cash limit at The Star Sydney until 2027
- Existing $5,000 limit was to reduce to $1,000 from August 2025
- Deferral subject to conditions including ongoing monitoring and reporting
Full summary
The Star Entertainment Group Limited (ASX: SGR) has announced that the NSW Government has confirmed that the current daily cash limit of $5,000 for gaming customers at The Star Sydney will be maintained until 19 August 2027. Under existing approved transitional arrangements, the current $5,000 daily cash limit was to reduce to a $1,000 limit from 19 August 2025. The NSW Government decision allows the $5,000 daily cash limit to remain in effect for another 2 years, subject to various conditions including monitoring the use of cash for gaming purposes and providing ongoing reports to Liquor & Gaming NSW in relation to various customer and related data. The deferral of the reduction in the daily cash limit may be revoked at any time during the 2-year period leading up to 19 August 2027.
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