The Star Gold Coast Licence Suspension Deferred
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| Stock | The Star Entertainment Group Ltd (SGR.ASX) |
|---|---|
| Release Time | 25 Sep 2025, 3:49 p.m. |
| Price Sensitive | Yes |
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The Star Gold Coast Licence Suspension Deferred
Key Points
- The Star Gold Coast's casino licence suspension deferred until 30 September 2026
- Special Manager's appointment extended to 30 September 2026
- External Advisor's appointment for The Star Brisbane extended to 30 September 2026
Full Summary
The Star Entertainment Group Limited (ASX: SGR) has announced that the Queensland Government has deferred the suspension of The Star Gold Coast's casino licence until 30 September 2026. The government has also extended the appointment of the Special Manager for The Star Gold Coast and the External Advisor for The Star Brisbane until the same date. The Star's Group CEO and Managing Director, Steve McCann, acknowledged that there is more work to be done but expressed the company's commitment to continuing its transparent and constructive relationship with the regulators and demonstrating its suitability as a licence holder as soon as possible.
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