Aug 31, 2026 – 11.20amStar Entertainment recorded a loss of more than $307 million in the last year as auditors warn there is significant doubt the casino and hotels giant will be able to continue to operate given it faces hundreds of millions of dollars in fines for anti-money laundering breaches.The company, now controlled by American giant Bally’s and the billionaire Mathieson family, said it had paid more than $80 million in fines and settlements to various regulators including tax officials over the 12 months to June 30, along with restructuring costs of more than $36 million.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Star reports $307m loss as auditors warn survival still in question
The casino and hotel giant is separately facing a fine of $400 million next month for anti-money laundering failures, putting more pressure on finances.







