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AAP
AAP
Business
Prashant Mehra

Star hit by casino slump, flags up to $1.6b writedown

Star Entertainment Entertainment
Revenue at Star's main Sydney casino dropped 13.5 per cent on pre-Covid levels. (Dan Himbrechts/AAP PHOTOS) (AAP)

Star Entertainment Group has posted a revenue drop at its flagship Sydney casino and warned of a substantial impairment charge in its upcoming half-year results.

The embattled casino operator on Monday said it anticipated a non-cash impairment charge of between $400 million to $1.6 billion against its first-half results, in relation to its NSW business.

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