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Star Entertainment Group
The Star Entertainment Group Limited is an Australian gambling and entertainment company. The company was formerly known as Echo Entertainment. Star is Australia's biggest listed casino group. Following a money laundering scandal and 3 years of massive losses, it was seeing massive slumps in it share price with fears that it will go into voluntary administration and/or be forced to close or sell off its assets. On 3 March 2025, ASX suspended the company from trading for contravening listing rules by not lodging its half-yearly report, making the second trading halt in a week, as the company tried to find or complete a refinancing deal to ensure it could continue as a going concern. On 7 April 2025, Star Entertainment Group and Bally's Corporation reached an agreement where Bally's would acquire a 56.7% controlling stake in the company. Properties The Star Entertainment owns and operates three properties: The Star Brisbane, The Star Gold Coast and The Star, Sydney.http://www. ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Trading Halt
A trading halt occurs in the U.S. when a stock exchange stops trading on a specific security for a certain time period. The halt, which can happen a few times a day per security if FINRA deems it, usually lasts for one hour, but is not limited to that. Trading halts can happen any time of day. The listed company is supposed to call the exchange where it is listed, 10 minutes prior to any material news that they are releasing, in order for the exchange to halt the stock before the news is released. The first 5 minutes of a halt is for "news pending" before any information is released that could affect a stock significantly, also known as the "5 minute window". Trading halts usually occur when a publicly traded company is going to release significant news about itself. The halt in trading for the affected security gives investors time to review the news and assess its impact. Another situation in which a trading halt might occur is when the exchange is uncertain "whether the secur ...
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Shannon Fentiman
Shannon Maree Fentiman is an Australian politician. She has been the Labor member for Waterford in the Queensland Legislative Assembly since 2015. Fentiman has previously served as the Minister for Women and Minister for Health, Mental Health and Ambulance Services. Early life and career Born in 1983/84, she holds a Bachelor of Laws (First class honours) from Queensland University of Technology and Master of Laws from the University of Melbourne. She attended Marymount College, Gold Coast. Prior to her election to the Queensland Parliament, Fentiman worked as a solicitor for Hall Payne Lawyers. She has previously worked as an industrial advocate for the Australian Manufacturing Workers Union and as a judge's associate in the Supreme Court of Queensland to Justice Atkinson. Fentiman has also been a board member of the Logan Women's Health and Wellbeing Centre, Secretary of the Centre Against Sexual Violence in Logan and the Duty Solicitor at the Beenleigh Neighbourhood Centre ...
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Australian Broadcasting Corporation
The Australian Broadcasting Corporation (ABC) is Australia’s principal public service broadcaster. It is funded primarily by grants from the federal government and is administered by a government-appointed board of directors. The ABC is a publicly-owned statutory organisation that is politically independent and accountable; for example, through its production of annual reports, and is bound by provisions contained within the Public Interest Disclosure Act 2013 and the Public Governance, Performance and Accountability Act 2013, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an Act of Federal Parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A ...
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Robert Gotterson
Robert William Gotterson AO (born 28 December 1949) is an Appeals Court justice at the Supreme Court of Queensland. He became Queen's Counsel in 1988 and previously served as president of the Bar Association of Queensland, the Australian Bar Association and the Law Council of Australia. Gotterson was appointed an Officer of the Order of Australia The Order of Australia is an Australian honours and awards system, Australian honour that recognises Australian citizens and other persons for outstanding achievement and service. It was established on 14 February 1975 by Elizabeth II, Monarch ... (AO) in the 2014 Australia Day Honours "for distinguished service to the judiciary and to the law, to legal education, administration and professional standards through a range of senior roles, and to the community of Queensland." References {{DEFAULTSORT:Gotterson, Robert 1949 births Living people Judges of the Supreme Court of Queensland Officers of the Order of Australia La ...
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High Roller
A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish " comps" from casinos to entice them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting, and offer rebates on betting turnover or losses; and contracts of employees may also contain incentive arrangements to bring in high rollers. The definition of a high roller varies. At Crown Casino in Australia, for example, it involves bringing between AUD$50,000 and $75,000 to the table. High roller players often have very high table limits, allowing the high roller exclusive use. Casinos compete on bet limits. In Australia limits of AUD$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only richer casinos can accommodate high-stakes gambling due to the ...
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60 Minutes (Australian TV Program)
''60 Minutes'' is an Australian version of the American news magazine television show of the same title, airing on the Nine Network since 1979 on Sunday nights. A New Zealand version uses segments of the show. The program is one of five inducted into Australia's television Logie Hall of Fame. History The program was founded by American television producer Gerald Stone, who was appointed its inaugural executive producer in 1979 by media tycoon Kerry Packer. Stone devised it to be an Australian version of CBS's American ''60 Minutes'' program and it featured upon its inauguration well known reporters George Negus, Ray Martin, Ian Leslie. Its prominent early programs included a 1981 interview Negus conducted with UK Prime Minister Margaret Thatcher, during which the prime minister aggressively countered his questions. Negus asked Thatcher why people described her as ''pig-headed'' and the Prime Minister demanded he tell her who, when and where such comments were made. In ...
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Chow Tai Fook Enterprises
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port, casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development (, listed since 1972) and subsidiary Chow Tai Fook Jewellery Group Limited (, listed since 2011). As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion. However, the size of the unlisted portion of the Chow Tai Fook business empire is unclear. The ''Financial Times'' quoted one banker of the Cheng Yu-tung family, who said, "You can't look at hengYT wi ...
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Crown Resorts
Crown Resorts Limited is an Australian gaming and entertainment group that owns and operates three integrated resorts, including Crown Melbourne, Crown Perth and Crown Sydney. It was listed on the Australian Securities Exchange until purchased by Blackstone in June 2022. History 2000s The company was established in 2007 when Publishing & Broadcasting Limited (PBL) divested its gambling assets to Crown Limited. PBL was renamed Consolidated Media Holdings, retaining all of the remaining assets. In December 2007, Australian gambling company Crown Limited agreed to buy Cannery Casino Resorts (CCR) for $1.75 billion. The agreement was ended in March 2009, however, with Crown instead buying a 24.5 percent stake in the company for $370 million, and paying a $50 million termination fee. In 2008, Crown attempted to enter the Las Vegas gambling market by acquiring a 19.6 per cent stake in Fontainebleau Resorts for US$250 million, which resulted in a total loss the following ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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Government Of Queensland
The Queensland Government is the state government of Queensland, Australia, a parliamentary constitutional monarchy. Government is formed by the party or coalition that has gained a majority in the state Legislative Assembly, with the governor officially appointmenting office-holders. The first government of Queensland was formed in 1859 when Queensland separated from New South Wales under the state constitution. Since federation in 1901, Queensland has been a state of Australia, with the Constitution of Australia regulating its relationship with the federal government. Queensland's system of government is influenced by the Westminster system and Australia's federal system of government. Executive acts are given legal force through the actions of the governor of Queensland (the representative of the monarch, Charles III), although the governor in practice performs only ceremonial duties, with de facto executive power lying with the Cabinet. The Cabinet is the government' ...
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Southport Spit
The Southport Spit (officially known as The Spit) is a Spit (landform), spit and neighbourhood within the northern end of Main Beach, Queensland, Main Beach, City of Gold Coast, Queensland, Australia. It is a permanent sand spit that separates the Gold Coast Broadwater, Southport Broadwater from the Pacific Ocean. Geography Seaworld Drive is the main street connecting the area of The Spit to the rest of Main Beach. Parklands and naturally vegetated sand dunes on the eastern ocean side of the Spit start in Main Beach at Kemp Street and Main Beach Parade and run continuously to the tip of the Spit. History There was a township called Moondarewa located on the southern tip of Stradbroke Island (now South Stradbroke Island). On 9 February 1881 the Queensland Government auctioned 156 town lots at Moondarewa which was described as "southern end of Stradbroke Island and opposite Southport" (. The name ''Moondarewa'' is a corruption of the Aboriginal name ''Moonjerrabah'' which was th ...
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