Meanwhile, Star’s largest shareholder and asixmusik.com legendary hotelier Bruce Mathieson had also previously pitched two offers for the company’s Gold Coast casino. The company told shareholders on Friday that it would halt trading and publish its full-year results later in the day. That’s while it "considered the implications" of a damning report by New South Wales (NSW) regulators that found it was still unsuitable to hold a gaming license for its flagship Star Sydney property. Australia’s embattled Star Entertainment Group was suspended from the ASX, the country’s stock exchange, on Monday for failing to file its financial results.
Notification of ceasing to be a substantial shareholder – JPMorgan The Star Entertainment Group Limited is an Australia-based company that provides gaming, entertainment and hospitality services. The Company operates The Star Sydney (Sydney) and The Star Gold Coast (Gold Coast). The Company’s segments include Sydney, Gold Coast, and The Star Brisbane. The Sydney segment consists of The Star Sydney's casino operations, including hotels, restaurants, bars and other entertainment facilities.