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Star Entertainment Group Limited ( (AU:SGR) ) has shared an update.
The Star Entertainment Group announced that the suspension of its Gold Coast casino license has been deferred to September 2026, and the appointment of a Special Manager has been extended to the same date. This decision reflects the company’s ongoing remediation efforts and commitment to maintaining a transparent relationship with regulatory bodies, aiming to demonstrate its suitability as a license holder.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 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 operates in the entertainment and hospitality industry, primarily focusing on casino and resort operations. It is known for its properties such as The Star Gold Coast and The Star Brisbane, catering to a market that includes gaming, dining, and accommodation services.
Average Trading Volume: 12,263,694
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$272.3M
See more insights into SGR stock on TipRanks’ Stock Analysis page.