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(Reuters) - Star Entertainment Group's first-half statutory loss widened, the casino operator said on Thursday, as it navigates through regulatory concerns and costs related to compliance procedures.
The company's earnings took a hit from the increased regulatory restrictions at its Sydney operations from mid-September, and rise in competition since the opening of Crown Resort's Sydney operations in August after the New South Wales (NSW) regulator granted it a licence.
Star said it "continues ...
>>> Read more: Star Entertainment's first-half statutory loss widens
The company's earnings took a hit from the increased regulatory restrictions at its Sydney operations from mid-September, and rise in competition since the opening of Crown Resort's Sydney operations in August after the New South Wales (NSW) regulator granted it a licence.
Star said it "continues ...
>>> Read more: Star Entertainment's first-half statutory loss widens