The outstanding plasmonic properties and the compatibility of hybrid multilayered plasmonic nanostars with different media make them one of the most promising materials for effective photon-management in organic optoelectronic devices. They also provide sufficient feedback for coherent random lasing. In this work, we designed, synthesized and characterized silver-enhanced gold nanostars coated with a thin silica shell, so that the hot-spots at the tips of nanostars remain accessible, while exciton quenching in nearby chromophores is reduced. The spectral position of the plasmon resonances of the nanostars is tuned to specific spectral regions for an optimal spectral overlap with the emission of different organic semiconductors. First, we successfully incorporated the nanostars in the active layer of fully working organic light emitting diodes (OLEDs). For a given current density, the plasmonic OLEDs show both: significantly enhanced electroluminescence as well as different emission directionality as compared to conventional OLEDs. We find that the nanostars act as nanoantennae, thus accelerating the radiative recombination as well as improving the out-coupling of light otherwise trapped inside the OLEDs. Our experimental results allow us to discuss beneficial and limiting factors of photon management in the organic optoelectronic devices. Furthermore, silver-enhanced and silica coated gold nanostars provide sufficient feedback for coherent random lasing in polar or non-polar solutions containing gain material. Single pulse experiments show that the pumping threshold for coherent random lasing is reduced significantly upon silver-enhancement of the gold nanostars. Further, the lasing intensity and pumping threshold of a silver-enhanced gold nanostar-based random laser is not influenced by the silica coating. However, the thin silica shell allows the opportunity to disperse the nanostars in either polar or non-polar solvents containing gain materials.