Star Entertainment Group’s Star Sydney Impacted by New COVID-19 Restrictions

  • Jul 26, 2020 AEST
  • Team Kalkine

The Star Entertainment Group Limited (ASX:SGR) has amended COVID-19 restrictions on its hospitality venues, including The Star Sydney in reference with the latest NSW Government Public Health Amendment order.

The new restriction entails that, while The Star Sydney is required to continue following the minimum of four-square metres per guest, each separate area within the casino would be allowed to a maximum of 300 guests.

Furthermore, SGR would be

  • Implementing operating procedures, including the delineation of numerous separate areas using more than 20,000 square metre casino floor area across The Star Sydney.
  • Adjusting workforce levels to demonstrate the new operating environment.
  • Focusing on prioritising visitation by its highest value patrons.

On 24 July 2020, SGR stock closed at $2.770 per share.

 


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