Star Entertainment flags up to $1.6b writedown

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 anticipates a non-cash impairment charge of between $400 million to $1.6 billion against its first-half results in relation to its NSW business. […]

This post was originally published on Michael West.