THE STAR PROPOSES POTENTIAL $2 BILLION-PLUS ADDITIONAL INVESTMENT AT THE GOLD COAST. Visit Development.star.com.au The Star Entertainment Group has recently been made aware of some fraudulent job offers circulating by email. View more details here. SCROLL DOWN. The Star Entertainment Group. THE STAR PROPOSES POTENTIAL $2 BILLION-PLUS ADDITIONAL INVESTMENT AT THE GOLD COAST . Visit Development The Star's reported profit for the six months to December 31 has slumped 76.8 per to $32.9 million, mainly due to an abnormally low win rate in the group's international VIP rebate business. The actual win rate for the half fell to 1.06 per cent, compared to 1.62 per cent a year earlier and the average of 1.35 per cent. Annual net profit came in at $42 million, down 81 per cent from the year before, however the result is not directly comparable to the previous period because of the company's demerger from Tabcorp. Australian casino operator The Star Entertainment Group lost over AU$94m (US$67.6m) in its most recent fiscal year as COVID-19 spoiled what was shaping up to be a record performance for the Star revealed on Friday that revenue for the December half had risen 3.3 per cent to $1.27 billion. Star's underlying net profit - which removes the "inherent" volatility of the VIP win rates But The Star still delivered a 26 per cent increase in first-half normalised net profit to $142 million. The Star Entertainment Group is spending up to $1 billion on redeveloping The Star casino and hotel complex in Sydney, and up to $850 million on new facilities and renovations at Jupiters Gold Coast. Discover the thrill of winning and a world of luxury at WinStar World Casino and Resort – the ultimate casino resort destination for entertainment! The casino operator behind Sydney's Star Casino has doubled its profits for the first half of the 2015 financial year. Echo Entertainment's windfall is largely due to record bets from high rollers The Star Entertainment Group properties practise the responsible service of alcohol. Guests must be aged 18 years or over to enter the casino. Player activity statements are available on request in NSW. Think! About your choices. Call Gambling Help 1800 858 858. www.gamblinghelp.nsw.gov.au. www.gamblinghelponline.org.au. Bet with your head, not
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