Star Entertainment CEO Bekier on Earnings, Expansion Plans

Star Entertainment CEO Bekier on Earnings, Expansion Plans

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Interactive Video

Business, Social Studies, Performing Arts

University

Hard

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The video discusses Star Entertainment's financial performance, focusing on the decline in earnings due to a lower win rate in the VIP business. It highlights capacity issues in Sydney's private gaming rooms and the need for expansion. The impact of Crown's 2016 incident is examined, leading to a diversification strategy. The video also addresses competition from Crown's upcoming casino and strategies to attract domestic gamers. Finally, it details the Queens Wharf development in Brisbane, a significant project for the company.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the competition from Crown impacted Star Entertainment's business strategy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Queens Wharf development in Brisbane for Star Entertainment?

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