Star Entertainment Group Ltd (SGR.AX)
24 Mar 2017
* International VIP turnover down 11.9 pct to A$20.8 bln (Recasts to raise China arrests, adds CEO comment, shares)
SYDNEY, Feb 16 Star Entertainment Group Ltd , Australia's No. 2 casino operator, posted a record first-half net profit thanks to a higher than expected win rate, but warned turnover from offshore gamblers was down after a rival's staff were arrested in China.
SYDNEY, Oct 28 Australia's No. 2 casino company Star Entertainment Group Ltd on Friday warned of uncertainty around future revenue from China, after 18 staff at rival Crown Resorts Ltd were arrested for suspected "gambling crimes" there.
* Crown detainees being treated appropriately -foreign minister (Adds Australian foreign minister comment in fourth paragraph)
BRIEF-Star Entertainment Group says Queensland Government has granted new casino licence to JV entity of Co
* Casino licence will be issued to a joint venture entity of which Star Entertainment Group has a 50% interest.