The report said revenue from the group's properties was on a downward trend compared to the same period last year, particularly from the Premium Games Room (PGR), where total revenue was estimated to be down 16.5%.
These include The Star Sydney (expected to fall 13.2 per cent), The Star Gold Coast (expected to fall 22.6 per cent) and The Treasury Brisbane (expected to fall 18.2 per cent).
Star Entertainment's monthly operating expenses are expected to remain high, estimated at A$92.5 million. The group will seek to reduce costs and make moves to sell assets, including the Treasury casino, hotel and Brisbane festival car park.
Star Entertainment faces multiple reports and investigations of misconduct and regulatory breaches by the NSW Independent Casino Commission, leading to the arrest of its former chairman David Foster and several others resigned earlier this year.
The group's latest appointment is Jeannie Mok as its new chief operating officer, hoping that Mok's entry into the role will bring about a new period of stability.
