Business
Star Entertainment (ASX:SGR) share price drops on new restrictions
Star Entertainment Group Ltd (ASX: SGR) shares are dropping lower today after the casino announced it will reimpose capacity limits at its Sydney property from today. At the time of writing, the Star Entertainment share price has fallen 3.7% to $3.68.
What did Star Entertainment announce?
In a short statement to the ASX, the casino said that from today, it will revert to operating with the one person per 4 square-metres rule (previously one person per 2 square-metres). Star Entertainment said the 300 patron capacity per area will also be reinstated.
The casino operator reported there will now be 7 zones across the casino area, including 3 zones on the main gaming floor.
The company says it made the decision following the New South…
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