Tag: Star Entertainment
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
Australia: Regulator says The Star Sydney’s casino license to remain suspended for another six months
The Star Sydney’s casino license will remain suspended for at least the next six months after the NSW Independent Casino... more
Star Entertainment falls to AU$471.5M loss in FY25 as remediation, regulatory hurdles continue to bite
Australia’s Star Entertainment Group has reported a statutory loss of AU$471.5 million (US$308 million) for the financial year ended 30... more
Australia: Star’s dispute with lenders could jeopardize Bally deal
Australia’s Star Entertainment Group has described as “unacceptable” the terms put forward by its lenders to provide requested... more
Star enters into binding agreement with Hong Kong partners to offload its 50% stake in Queen’s Wharf Brisbane
Less than two weeks after an initial agreement collapsed, Australia’s Star Entertainment Group has confirmed it will offload its 50%... more
