(Reuters) – Australia’s Star Entertainment reported a bigger-than-expected first-half loss on Tuesday, as regulatory restrictions continue to affect the firm, particularly with the introduction of mandatory carded play and cash limits at its casinos.
The embattled casino operator posted an underlying loss of A$136 million ($86.18 million) for the six months ended December 31, compared with the Visible Alpha consensus of a loss of A$93.9 million.
Star Entertainment had reported an underlying profit of A$25 million in the same period a year earlier.
($1 = 1.5780 Australian dollars)
(Reporting by Shivangi Lahiri and Adwitiya Srivastava in Bengaluru; Editing by Alan Barona and Rashmi Aich)
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