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CASINO News & Analysis

Trouble continues as Star Entertainment burns through cash
Stocks
Trouble continues as Star Entertainment burns through cash
More pain in the horizon as the company struggles to stay afloat.
Simonelle Mody | 18 January 2025
Should you snap up shares in this volatile ASX player?
Stocks
Should you snap up shares in this volatile ASX player?
After a delayed earnings release and a turbulent regulatory environment, this entertainment behemoth remains a controversial choice for investors.
Simonelle Mody | 02 October 2024
What tighter regulation could mean for Tabcorp
Stocks
What tighter regulation could mean for Tabcorp
A new report from the federal government into online gambling marks yet another call for tighter regulations for the nation's gaming industry. We sit...
Joshua Peach | 01 August 2023
Analyst insights: Is Star Entertainment a buy?
Stocks
Analyst insights: Is Star Entertainment a buy?
Star Entertainment shares hit new lows this month, but Morningstar's Angus Hewitt says the market pessimism is overblown.
Angus Hewitt, CFA | 19 February 2023
A complete loss of Star's casino licence is unlikely: Morningstar
Stocks
A complete loss of Star's casino licence is unlikely: Morningstar
Morningstar equity analyst Angus Hewitt discusses the impacts of the Bell Report.
Angus Hewitt, CFA | 15 September 2022
AUSTRAC scrutiny on embattled casinos immaterial: Morningstar
Stocks
AUSTRAC scrutiny on embattled casinos immaterial: Morningstar
But we do not expect potential fines to have a material impact on our fair value estimates for the casinos.
Angus Hewitt, CFA | 10 June 2021
Morningstar raises Crown fair value as suitors gather
Stocks
Morningstar raises Crown fair value as suitors gather
The improved offer from American private equity group Blackstone is more likely than that of Star Entertainment, says analyst Angus Hewitt.
Lewis Jackson | 11 May 2021
Crown takeover: US suitor may need a stronger hand
Stocks
Crown takeover: US suitor may need a stronger hand
Blackstone's offer is low, and it must prove it can operate the licence for the narrow-moat gaming giant, says Morningstar.
Lewis Jackson | 23 March 2021
Crown probe damaging but anticipated: Morningstar
Stocks
Crown probe damaging but anticipated: Morningstar
The casino giant may have lost this hand but it'll be back to the table, says Morningstar.
Emma Rapaport | 11 February 2021
Coronavirus sends leisure stocks into buy zone
Stocks
Coronavirus sends leisure stocks into buy zone
The outbreak is cutting a swathe through markets but the sell-off means 11 travel and leisure companies, including three from Australia, hold renewed...
Glenn Freeman | 04 February 2020