Star Entertainment Group
| Company type | Public |
|---|---|
| ASX: SGR | |
| Industry | Gambling, Tourism |
| Predecessor | Tabcorp |
| Founded | 2011 |
| Headquarters | Brisbane, Australia |
Area served | Australia |
Key people | Ben Heap (Chairman) Robbie Cook (CEO) |
| A$−1,690,000,000 (FY2024) | |
Number of employees | 9,000 |
| Divisions | |
| Website | StarEntertainmentGroup.com.au |
The Star Entertainment Group Limited is an Australian gambling and entertainment company. The company was formerly known as Echo Entertainment. Star is Australia's biggest listed casino group.
Following a money laundering scandal and 3 years of massive losses, it was seeing massive slumps in it share price with fears that it will go into voluntary administration and/or be forced to close or sell off its assets. On 3 March 2025, ASX suspended the company from trading for contravening listing rules by not lodging its half-yearly report, making the second trading halt in a week, as the company tried to find or complete a refinancing deal to ensure it could continue as a going concern. On 7 April 2025, Star Entertainment Group and Bally's Corporation reached an agreement where Bally's would acquire a 56.7% controlling stake in the company.