The Star Entertainment Group Ltd (OTCPK:EHGRF)
$ 0.1781 0 (0%) Market Cap: 391.67 Mil Enterprise Value: 393.10 Mil PE Ratio: 0 PB Ratio: 0.72 GF Score: 40/100
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Half Year 2023 Star Entertainment Group Ltd Earnings Call Transcript

Feb 22, 2023 / 11:30PM GMT
Release Date Price: $1.02
Robert Michael Sean Cooke
The Star Entertainment Group Limited - CEO, MD & Director

Thanks. Good morning. Welcome, and thanks for joining The Star's first half results call for FY '23. I'm here with Christina Katsibouba, our CFO; and Mark Wilson, our Head of Investor Relations. The plan this morning is to spend about 30 minutes or so running through our results. We'll talk to the slide pack we released this morning, and then we'll take questions. So if that works for everybody, we'll get started. And if you could turn to Slide 4 of the pack if you have it handy, please.

To say the first half of FY '23 continue to be challenging for The Star is an understatement. I stepped into my role on the 17th of October last year. And on that day, our New South Wales license was suspended, a manager was appointed and $100 million fine was imposed. On the 25th of October, the Queensland government determined our Queensland entities were not suitable to operate casinos. On the 4th of November, our Queensland entities were issued with a show cause notice. And on the 28th of November, we provided a detailed

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