"With generative AI [artificial intelligence], there's a lot of waste and new waste streams coming from data centres," explains Ross Thompson, CEO of Greenbox. "Most recently, we have spent $2 billion on acquisitions and brownfields expansion of our operations there. Shares in steelmaker BlueScope have risen this session, currently up about 2 per cent, compared to modest losses for the broader market. "The ASI is hopeful that BlueScope's strong investment in the US economy is recognised by the Trump administration, which saw fit to exempt Australia from steel tariffs in the last Trump administration. "It's early days and we are still working to understand the impact of any potential tariffs on Australia's aluminium trade," says CEO Marghanita Johnson. While the F&FCO position was announced to the market in October last year, WiseTech said the terms of the agreement "are still in the course of agreement". "Well that was a fun Tuesday through Friday, if you work in global e-commerce," said Derek Lossing, CEO of e-commerce and global supply chain firm Cirrus Global Advisors, told the news agency.
Star Entertainment returned to its customary position in the loser's column after warning shareholders about the "material uncertainty" of their investment, something they should be all too aware about already. Star Entertainment crashed 18 per cent as the casino operator continued to seek a financial lifeline. The inquiry will determine whether Star is fit to hold a online casino Australia responsible gambling policy license. Importantly, it could be a case of 'two strikes and you're out' this time. If the company is deemed unsuitable, it runs the risk of permanently losing the ability to operate, resulting in its Sydney Royce Hotel Casino cash out being shut down.
United Workers Union casinos director Andrew Jones said the union had been supportive of the Star Brisbane through many of its hurdles. The deal has left employees with questions about the future of their jobs in the precinct. "At the core of the issue is the transfer of a major JeetCity online casino rating licence to a new ownership structure," he said. In exchange, Star would receive a $53 million cash injection and stakes in Gold Coast hotels near its casino there. A Queensland government spokesperson says the deal is subject to government approval.
Its pokies cashless policy reform is front and centre of its election platform, contrasted with a softer stance by the Labor opposition. Remember that individual shares or investments should only be considered as part of a broader investing strategy. Investors were favouring their sell buttons after the company reported a 15% quarter on quarter drop in revenue to $299 million. Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Several future updates detailing individual property detail and liquidity position should provide more clarity on the dire situation ahead.
Revenue slumped 19 per cent over the last 12 months, with Star Sydney the company’s worst-performing asset. The largest shareholder of the pubs and bottle shop giant said it wants more say in the company’s strategy ahead of new CEO Jayne Hrdlicka’s arrival. The free casino gaming demo giant has received the last tranche of a $300 million investment from American Australian casino free play giant Bally’s Corporation and the billionaire Mathieson family. With prevailing balance sheet concerns and liquidity risk, we assign Star a Poor Capital Allocation Rating. We respectfully acknowledge the Traditional Custodians of the land where we live and work and spin samurai free spins pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. By taking up this offer, you will also be enrolled in our auto-renewal program, which is our way of making your ongoing subscription easier by ensuring uninterrupted service. Don't worry, though – you're not locked in, and can cancel your auto-renewal at any time before each 'anniversary' date without question or penalty.
