Tag: Star Entertainment
Bally’s chair eyes complete restructuring of Star, could dismantle corporate office
The chairman of US casino firm Bally’s Corp, Soo Kim, has flagged a possible dismantling of the entire corporate entity of Star... more
Bally’s Soo Kim named new Chairman of Star Entertainment Group
A day after the company’s Group Managing Director and CEO Steve McCann stepped down, Australia’s Star Entertainment Group has announced... more
Steve McCann steps down as Group CEO and Managing Director of Australia’s Star
Steve McCann, the man brought in to keep Star Entertainment Group afloat following a second finding of unsuitability to hold a NSW casino... more
Bally’s secures $1.1B in financing as $500M New York license fee payment nears
US casino Bally’s Corp has secured $1.1 billion in new term loans that are seen as critical in solving ongoing credit and liquidity... more
Star implements sweeping board changes after Bally’s rescue deal
Australia’s Star Entertainment Group has completed a boardroom makeover, with Bally’s Corp Chairman Soo Kim and President George... more
Bally’s expected to complete conversion of Star shares within this week
US casino operator Bally’s Corp and partner Investment Holdings Pty Ltd are expected to complete the conversion of their shares and take... more
Q&A: Bally’s chair Soo Kim on the approval for Star Entertainment Group acquisition
Inside Asian Gaming’s Vice Chairman and CEO Andrew W Scott caught up with Bally’s Chairman Soo Kim just hours after confirmation that... more
Bally’s Corp cleared to claim control of Australia’s Star Entertainment Group after receiving probity approval from regulators
US casino operator Bally’s Corp has today been granted probity approval by regulators in the Australian states of New South Wales and... more
Star prepares for Bally’s takeover by slashing senior staff
Australia’s Star Entertainment Group is cutting up to 40 senior staff from its books as it looks to cut costs ahead of US casino firm... more
Hong Kong’s Far East Consortium breaks down details of Star restructuring agreement, says confident of receiving loan repayments
Hong Kong-listed real estate giant Far East Consortium has provided a detailed breakdown of its various loan and restructuring agreements... more
