Star Casino is in a trading halt, but can a casino go broke?

Casinos are usually synonymous with high rollers and high stakes. But running a business of the size and scale of a casino comes with big risks and big expenses – despite having a possibly never-ending stream of clientele addicted to participating in what you’re selling. The Star Entertainment Group – who operate casinos in Sydney, Brisbane and the Gold Coast – entered a trading halt, minutes before the Australian share market opened today, after failing to post its half-year financial results. On this catch-up episode of The Briefing, gambling expert and associate professor at Monash University Charles Livingstone joins Chris Spyrou to explain how we got here. Follow The Briefing: TikTok: @listnrnewsroom Instagram: @listnrnewsroom @thebriefingpodcast YouTube: @LiSTNRnewsroom Facebook: @LiSTNR NewsroomSee omnystudio.com/listener for privacy information.