Star Casino suspended from the Australian Stock Exchange amid ongoing regulatory issues, shaking the casino industry.
Troubled resort and casino operator Star Entertainment was temporarily delisted from the Australian Securities Exchange on Monday after failing to post its annual financial results.
The Sydney-based stock market said Star was"suspended from quotation" for"not lodging the relevant periodic report by the due date".Trading in Star shares was halted on Friday after a regulator said it was still"unsuitable" to hold a casino licence. "The Star entities are presently falling short of what is required for suitability," the latest in a string of watchdog investigations reported.
Australian Casino Firm Stock Exchange Suspension Star Entertainment Group Australian Financial News Casino Industry Crisis
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