The Star Entertainment has reported quarterly results for the period ending March 31, 2025, showing a revenue of AU$271m, a nine per cent drop against the previous quarter.
The quarter’s EBITDA was a loss of $21m, down from a loss of $8m in the previous quarter.
The company stated that the results reflected “a seasonal softening in revenues, reduced levels of gaming visitation and the one-off impact of adverse weather events driving property closures in Queensland in March 2025.”
Operating expenses down $7m (three per cent) on the prior quarter due to lower corporate costs and volume related reductions.
The company also announced available cash of $44m as of March 31.
