The Star Entertainment Posts H1 Loss as It Restructures and Races to Refinance Debt

An announcement from Star Entertainment Group Limited ( (AU:SGR) ) is now available.

The Star Entertainment Group has reported an unaudited normalised revenue of $584.9 million for the first half of FY26, with a normalised EBITDA loss of $7.6 million and a statutory net loss of $109.7 million. The company continues to face challenging trading conditions, with total revenue down 10% year-on-year and gaming revenue falling 9% after regulatory reforms, although seasonal strength helped stabilise volumes in the second quarter.

New Group CEO Bruce Mathieson Jnr is restructuring operations by streamlining the corporate office and shifting support functions to its Sydney, Gold Coast and Brisbane properties to reduce costs and reinforce the balance sheet. The Star is also managing liquidity pressures through early debt repayments, a completed $300 million strategic investment by Bally’s and Investment Holdings, and a proposed refinancing with WhiteHawk Capital, underpinned by covenant waivers that hinge on securing new funding by mid-May 2026.

The most recent analyst rating on (AU:SGR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited is an Australian casino and entertainment operator with major properties in Sydney, the Gold Coast and Brisbane. The group focuses on integrated resort-style destinations combining gaming, hospitality and entertainment, targeting both domestic and international visitors in highly regulated state-based casino markets.

Average Trading Volume: 9,530,651

Technical Sentiment Signal: Sell

Current Market Cap: A$829.4M

For detailed information about SGR stock, go to TipRanks’ Stock Analysis page.