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Group revenue rose two per cent year-on-year to A$284m for the quarter ended 30 September 2026, while the two owned properties generated combined revenue of A$279m, up five per cent. Combined segment EBITDA reached A$35m, compared with A$14m a year earlier.
The Star Sydney delivered A$162m in revenue and A$15m in EBITDA, with electronic gaming machine growth partly offset by softer table-games and non-gaming revenue. The Star Gold Coast posted revenue of A$117m and EBITDA of A$20m, supported by EGM growth and marketing activity.
The Star Brisbane, which is managed under its Casino Management Agreement with Destination Brisbane Consortium, generated an operator fee of A$5m, down 67 per cent year-on-year following the revised agreement.
Cash and cash equivalents stood at A$239m at quarter end, while total cash and cash deposits, including restricted deposits, were A$319m. The company said operating free cash flow excluding one-off items was positive and expects FY27 to be its first year of positive annual operating cash flow before one-offs in more than two years.
The operator cautioned that material uncertainties remain around its ability to continue as a going concern. Its Sydney casino licence remains suspended, with the manager’s appointment extended to 30 June 2027. The Star Gold Coast’s licence suspension remains deferred and its special manager term runs to 31 March 2027.
