'Luck of the draw': Star casino shines despite China clouds

By Elizabeth Knight
Updated August 23 2017 - 4:03pm, first published 3:57pm
SYDNEY, AUSTRALIA - SEPTEMBER 15:  Star Entertainment CEO, Matt Bekier speaks at a business tirnaround confernece on September 15, 2016 in Sydney, Australia.  (Photo by Jessica Hromas/Fairfax Media)
SYDNEY, AUSTRALIA - SEPTEMBER 15: Star Entertainment CEO, Matt Bekier speaks at a business tirnaround confernece on September 15, 2016 in Sydney, Australia. (Photo by Jessica Hromas/Fairfax Media)

The fallout from the Chinese arrests of Crown Resorts staff last October continues to be felt by the Australian casino operators as The Star Entertainment Group reported an 11 per cent fall in normalised 2017 net profit due to the collapse of the Chinese VIP market.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Horsham news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.