Star Says Cost Savings Starting to Take Effect as March Quarter EBITDA Loss Narrows to AU$1 Million

The Star cuts year-on-year losses as it continues profit pursuit after Bally’s lifeline

Flagship Australian casino brand The Star Entertainment Group reported a significant resurgence year-on-year, as it posted a AU$1m (£530,000) loss for Q3 2026 compared to a $24m loss in Q3 2025. The quarter was, however, slightly weaker than Q2, with revenue falling and profitability slipping back into the red, as regulatory pressures and softer visitation continued to weigh on performance. Group revenue came in at $266m, down 12% quarter-on-qua…

Star says cost savings starting to take effect as March quarter EBITDA loss narrows to AU$1 million

Australia’s Star Entertainment Group says it is starting to see some impact from recent cost saving initiatives implemented by its new ownership group, although the company still reported an AU$1 million (US$718,700) EBITDA loss in the three months to 31 March 2026. In a filing, Star said its revenue for the quarter fell 12% compared with the December 2025 quarter to AU$266 million (US$191 million), with the EBITDA loss reversing an AU$6 million…