"As noted in the company’s recent ASX announcements, there remains material uncertainty as to the group’s ability to continue as a going concern," it said. This includes its major shareholder, pokies billionaire Bruce Mathieson, https://blackcoin.co/best-new-online-australian-casinos-for-2025-ranked-reviewed-9 offering to buy its Gold Coast casino. The deal will give the company breathing room to find the funding needed to survive a massive cash crunch after Star lost the support of both its investors and lenders. Star Entertainment has managed to avoid financial collapse for now after signing a deal to sell its stake in Brisbane’s Queen’s Wharf casino to its two equity partners along with other assets.
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