Australian casino firm Star Entertainment inks jobs guarantee deal with NSW
Monday 19 de February 2024 / 12:00
2 minutos de lectura
(New South Wales).- Star Entertainment has inked a binding deal with the New South Wales (NSW) Treasurer under revised casino duty rates framework, which would require it to maintain a minimum headcount at its Sydney operations, it said on Friday.
Under the agreement, Star Entertainment would also be required to begin a trial of cashless and carded play at its Sydney casino. That is a precursor to the reforms to be introduced in August for cashless gaming and carded play in NSW.
"The Star has agreed to maintain a minimum headcount, and certain ratios of full-time, part-time and casual employees, in respect of The Star Sydney casino until 30 June 2030," the casino operator said.
Star Entertainment, Australia's second-biggest casino operator, has seen its profits erode as it faced regulatory restrictions on its Sydney operations from mid-2022 as well as stiff competition from bigger rival Crown Resort.
In August last year, Star Entertainment secured concessions on casino duty rates with the NSW state and has worked on a transition plan to stabilise its operations at its Sydney casino and curb further job cuts.
"The Star appreciates the constructive engagement with the current NSW Government that has led to finalisation of an agreement that provides employment certainty," Group Chief Executive Officer Robbie Cooke said in a statement on Friday.
The casino firm, which has lost 83.6% of its market value over the last two years, is trading about 7% higher so far in 2024.
Categoría:Casino
Tags: Sin tags
País: Australia
Región: Oceania
Event
ICE Barcelona 2026
19 de January 2026
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 2026 / 12:00
Eduardo Aching: "ICE 2026 was an exceptional event for Konami and its casino partners"
(Barcelona, SoloAzar Exclusive).- Eduardo Aching, Vice President of iGaming & International Gaming Operations at Konami Gaming, reflects on the company’s standout participation at ICE 2026, the strong reception to Solstice 49C and Konami Online Interactive, and the strategic push toward emerging regulated markets and expanded global partnerships.
Friday 06 Feb 2026 / 12:00
Belatra Games Strengthens LatAm Expansion and Innovation Strategy After ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Kateryna Goi, Chief Marketing Officer at Belatra Games, shares her assessment of the company’s participation in ICE Barcelona 2026, the quality of industry engagement at the event, and the strategic priorities shaping Belatra’s growth in 2026, with a strong focus on Latin America and narrative-driven innovation.
Friday 06 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.