Report
Ravi Reddy
EUR 147.86 For Business Accounts Only

Star Entertainment Has a Mixed Start to the Year; FVE Maintained

Star Entertainment gave a mixed trading update for the period 1 July to 22 October 2016. Normalised group revenue was down 2% year on year. Domestic revenue (excluding international VIP play) was flat on the previous corresponding period, or pcp. Domestic revenue was impacted by greater-than-expected disruption and delays from building works at Sydney and the Gold Coast, and a much lower win rate in private gaming room table games of 15.9% versus 17.2% in the pcp. Commentary indicated there may ...
Underlying
The Star Entertainment Group Ltd

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ravi Reddy

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch