Star Entertainment (ASX:SGR) recently released an update regarding the duty rates for their New South Wales-based casino.

The company asserted its longstanding view that the state’s proposed duty increase was not financially sustainable.

The amendments that are currently being formalized aim to provide a sustainable outcome for Star Entertainment.

The company is also in the process of coming to an in-principle agreement to amend its duty arrangements with the NSW state.

These amendments are being designed to ensure job security for the company’s numerous employees based in NSW.

The company forecasts that the additional duty payable in the 2024 fiscal year will be approximately A$10 million.

Clearing any doubts regarding the casino duty rates will aid in facilitating the plans that had been suggested previously.

The agreement is expected to provide employment security for the company’s workers, with the specifics being agreed with the United Workers Union.

The long-form binding agreements to fully document the duty arrangements are expected to be completed in collaboration with the treasury.

Star Entertainment has plans to provide an update on the process of refinancing, in the coming month.

Furthermore, the agreement will initialize a trial of their cashless gaming machine technology in October, at Star Sydney.

Any uncertainty regarding the casino duty rates being resolved will expedite plans to refinance existing debt funding arrangements.

Star Entertainment is an integrated resort company.

Newcrest Mining (ASX:NCM) has announced a fatality at the company’s Brucejack Mine in October and a serious injury at the Cadia location in June.

Additional, the corporation reported that a scheme meeting involving Newmont is expected to take place in October and aims to be implemented in November 2023.

Newcrest Mining is a global mining company, one of the world’s largest gold mining companies.

Eildon Capital (ASX:EDC) has projected its statutory net profit after tax for the full year to land within the range of A$1.9 - A$2.1 million.

The company’s net profit after tax was impacted by expenses resulting from an off-market takeover bid by Samuel Terry Asset Management.

Eildon Capital (ASX:EDC) also confirmed that distributions for the fiscal year totalled 6.0 AU cents per stapled security.

Looking ahead, it anticipates the net profit after tax to securityholders to be in the range of A$3.2 - A$ 3.3 million for FY23.

Eildon Capital (ASX:EDC) is a company specializing in real estate investments and asset management.

Viva Leisure (ASX:VVA) announced a net profit attributable of A$3.4 million for this fiscal year, compared to a loss of A$12.1 million in the previous year.

The company also reported a significant increase in revenue from ordinary activities, which amounted to A$141.2 million, up from A$90.8 million last year.

Viva Leisure is a leading operator in the health and leisure industry, providing a range of services to enhance physical and mental well-being.

Newcrest Mining (ASX:NCM) has reported its financial year revenue at US$4,508 million, an increase from the US$4,207 million of the past financial year.

The company has also declared a final dividend of 20 US cents per share.

The gold production for FY24 is expected to be within 2,000 - 2,300 Koz.

The company reported a FY underlying profit of US$778 million, lower than the US$872 million reported the previous year.

Additionally, FY24 copper production is forecasted between 120 - 140 Kt with an all-in-sustaining cost of $2,200 - $2,600.

The sustaining capital expenditure for FY24 is projected to be between $560 – $640 million with non-sustaining capital expenditure anticipated between $610 – $735 million.

The exploration expenditure for FY24 is expected to be within $130 million - $150 million.

Newcrest Mining (ASX:NCM) is a leading global mining company known for its expertise in gold, copper and other minerals production and exploration.

Nick Scali (ASX:NCK) has declared a fully franked interim dividend of 35 AU cents per share.

The group also states its long-term goal of operating at least 86 Nick Scali (ASX:NCK) stores and 90-100 Plush stores.

Furthermore, the group plans to open three new Plush stores and one new Nick Scali (ASX:NCK) store in the first half of fiscal year 24.

Nick Scali is an Australian furniture retailer, specializing in stylish and affordable quality lounges and dining items

Shares in furniture retailer Nick Scali surged by as much as 11.5% to A$11.72, marking its top performance since November 24, 2022, if the gains are to be maintained.

The company reported a 26.1% rise in full-year net profit post-tax to A$101.1 million, significantly surpassing Citi’s estimated A$95 million and the Visible Alpha Consensus by 4%.

The firm also announced a 15.1% increase in FY23 revenue, amounting to A$507.7 million, as a result of increased deliveries and a decrease in order bank aging.

Citi analysts stated, ‘While it is tough times in the furniture sector right now, this is not a surprise with the Visible Alpha Consensus already factoring in a 37% FY24 NPAT decline.’ The company’s stock hit its highest point since early February, rising for the third consecutive day.

Nick Scali (ASX:NCK) is a leading Australian furniture retailer.

Australia’s Star Entertainment (ASX:SGR) sees an impressive rise in shares by as much as 25.1% to A$1.22, potentially the greatest gain since April of 2005, contingent on the continuance of these gains.

This surge comes as the financially beleaguered casino operator enters into an agreement with the Treasurer of New South Wales to modify the existing casino duty rates, as it strives to resurrect its business in Sydney.

This new agreement will feature a transition plan aimed towards affording the company an opportunity to stabilize its operations related to its Sydney casino and stave off any further job cuts.

This has propelled their stock to its highest since the 22nd of May.

Yet, as per the previous close, the stock has decreased by 40.2% this year.

Star Entertainment (ASX:SGR) is a cash-strapped operator of a casino in Australia.

Shares of Allkem saw a notable increase, picking up as much as 3.7% to A$15.03, marking its best day since July 26 if the upward trend holds.

This surge in the lithium mining company’s stock has been prompted by an impressive increase in the mineral resources estimate for its James Bay lithium project situated in Quebec, Canada.

The company reports a substantial jump of 173% to 110.2 million tonnes.

Allkem’s stock value reached its peak for the first time since August 1.

As of the last close, the stock has experienced a year-to-date rise of 29%.

Allkem is a lithium mining company with operations primarily focused in Quebec, Canada.

Apiam Animal Health (ASX:AHX) is expected to record a reported NPAT of A$2.3 million for the financial year ending 30 June 2023.

In addition, the company anticipates a provision for inventory amounting to A$2.4 million for the same fiscal year.

Apiam Animal Health is an organization involved in healthcare services and equipment, as well as healthcare providers and services.

The company is well-recognized in these industries.