Star Entertainment confirms AU$284m Q1 FY26 revenue
Quarterly results show modest improvement in revenue quarter-on-quarter despite regulatory and operational headwinds.
3 min read • Oct 31 • By
Claire McKernan
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DYG
GammaSweep
Galaxsys
Kanggiten
Logifuture
OMNIPLAY
1spin4win
BetConstruct
GR8_TECH
ReferOn
AMATIC Online
bet365 Partners
Global Gaming Awards
Z-Gaming
Imagine Live
SmartSoft
GammaPlus
Bally’s Intralot
JDB Gaming
N1 Partners
GammaStack
Quarterly results show modest improvement in revenue quarter-on-quarter despite regulatory and operational headwinds.
MeridianBet was the company's key revenue driver as it returned to net profitability.
The operator also generated an all-time quarterly high in adjusted EBITDA and AFFO, which grew 5.8% and 5.1% year-over-year, respectively, for Q3 2025 totals of $366.4m and $282m.
Belle Corporation has reported consolidated net income of PHP1.32bn for the nine months ended 30 September 2025, marking a 14% decrease compared to the PHP1.53bn recorded during the same period in 2024.
The operator's adjusted EBITDA for the third quarter of 2025 was reported to be $36m, representing an increase of 54%, while total revenue grew 20% from the prior year period.
The operator stated its net loss for Q3 2025 was attributed to a $256m charge for withdrawing its commercial gaming license application in New York, as well as $93m in non-cash write-offs.
Both the Las Vegas Strip and Downtown areas witnessed falls in revenue year-over-year, as the Strip reported a September 2025 revenue of just over $687.8m but decreased 5.5%.
Operator reports first annual profit since FY2020 amid improved performance in Sydney and Perth.
The operator's Las Vegas business drove $468.6m of the total revenue reported for the third quarter of 2025, as adjusted EBITDA also managed to grow by 4.5% to $190.9m.
Caesars Digital revenue increased 2.6% throughout the third quarter of 2025, having totaled $311m while regional operations generated $1.5bn and grew 6.2% year-over-year.