NSW Government defers daily cash limit reduction at The Star Sydney
Originally scheduled to decrease from AU$5,000 to AU$1,000 on 19 August 2025, the current limit will now remain in place until 19 August 2027.
Key points:
– NSW delays reduction of daily gaming cash limit at The Star Sydney until August 2027
– The deferral is conditional and can be revoked within the two-year period
– The Star continues to face financial difficulties amid restructuring and investment efforts
The Star Entertainment Group has received confirmation from the NSW Government that the current AU$5,000 (US$3,300) daily cash limit for gaming customers at The Star Sydney will remain in effect until 19 August 2027.
The decision provides a two-year extension to existing transitional arrangements that were scheduled to reduce the limit to AU$1,000 from 19 August 2025.
The deferral comes with specific conditions that The Star must fulfil during the extended period.
The casino operator will be required to monitor cash usage for gaming purposes and provide regular reports to Liquor & Gaming NSW containing customer and related operational data.
This development occurs during a challenging financial period for The Star Entertainment, which has faced significant regulatory scrutiny and financial difficulties.
Good to know: The NSW Government has reserved the right to revoke the deferral at any time before the August 2027 deadline
In its Q4 2025 financial results, the company reported revenue of AU$270m and an EBITDA loss of AU$27m. The Star Sydney, in particular, experienced a 22% year-on-year decline in revenue and a shift from a positive EBITDA in Q4 2024 to a AU$14m loss this quarter.
Efforts to stabilise the business include a proposed AU$300m investment from Bally’s Corporation, the sale of the Sydney Event Centre and a continued exit from joint ventures such as the Destination Brisbane Consortium (DBC) and Destination Gold Coast Consortium (DGCC).
The NSW Government’s cash limit deferral could offer temporary relief for The Star as it seeks to recover operationally and financially, though broader structural challenges remain.
Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.
