Australia’s Star says unable to finalize prelim FY results amid regulatory woes
4:13 am Wednesday, September 11th, 2024
(Reuters) -Australian casino operator Star Entertainment said on Wednesday that it is not yet in a position to finalize its preliminary financial results for fiscal 2024.
The company, which said that trading in its shares will continue to remain suspended, has been under scrutiny after the New South Wales Independent Casino Commission (NICC) found governance and cultural shortcomings.
Star Entertainment entered a trading halt earlier this month. It was supposed to file it full-year results by Sept. 2.
The casino operator has not mentioned a date by when it will file the results.
(Reporting by Sneha Kumar; Editing by Nivedita Bhattacharjee and Sonia Cheema)
