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AAP
AAP
Business
Kaaren Morrissey

Casino operator's cash stocks dwindle after big loss

Casino operator Star Entertainment Group posted a half-year operating earnings loss of $7.6 million. (James Gourley/AAP PHOTOS)

Cash stockpiles have been dwindling at loss-making casino operator Star Entertainment Group, but the firm is making inroads on refinancing its debt in a high-wire battle to survive.

The group had $130 million in available cash as of December 31, down from $234 million six months ago, according to its interim results lodged on Friday night.

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