The Star Entertainment Group Ltd
SGR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$5.18 | Jcd | Zytc |
Star Entertainment: Another Shot at Redemption
The final report from the second Bell inquiry into Star Entertainment’s suitability to hold a casino license in New South Wales was damning. But the outcome was about as good as Star could’ve reasonably hoped. Star remains unsuitable to hold its casino license, but once again, the report stopped short of recommending Star’s license be revoked completely.