a federal court rejected Star\u2019s claim<\/strong>, noting that it was hindered by a $750,000 deductible in the company\u2019s insurance policy.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The Star Entertainment Group has announced it will pay AU$13m (US$9.2m) to nearly 2,200 staff members.<\/p>\n","protected":false},"author":176,"featured_media":26456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Star Entertainment Group will pay AU$13m to nearly 2,200 current and former staff members due to identified wage underpayments over a six-year period, provisioning this remediation in its H1 FY2020 accounts. The casino operator also anticipates a normalised EBITDA of AU$28-AU$30m and a net loss of AU$73-AU$75m for H1 FY2022, impacted by the Omicron variant, and recently lost a AU$611,000 insurance claim related to COVID-19 shutdowns.","focusai_entities":"The Star Entertainment Group, Matt Bekier","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.95), regulator (0.95), compliance_legal (0.95), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Governance Framework Review","query":"What specific enhancements to The Star Entertainment Group's internal governance frameworks and payroll systems are being implemented to prevent future wage underpayment incidents and ensure robust regulatory compliance?"},{"label":"H1 FY2022 Impact","query":"Beyond the Omicron variant's impact, what are the underlying operational and market factors contributing to The Star Entertainment Group's projected normalised net loss for H1 FY2022, and what mitigation strategies are in place?"}],"footnotes":""},"categories":[16336,157,158],"tags":[23871],"class_list":["post-27011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","category-slider-home","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27011"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27011\/revisions"}],"predecessor-version":[{"id":27018,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27011\/revisions\/27018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26456"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}