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Derek Rose

INSANE: Star entertainment group posts 471m full year loss - The Real Truth

Star Entertainment Group Entertainment Bruce Mathieson Bally

Struggling casino operator Star Entertainment Group says doubt remains over the company's future. (Darren England/AAP PHOTOS)

Star Entertainment Group is teetering on the brink despite narrowing full-year losses by more than a billion dollars.

"There remains material uncertainly regarding the group's ability to continue as a going concern," the casino operator said on Friday after announcing a $471.5 million full-year loss, compared to a $1.7 billion loss the year before.

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