Star Entertainment Accepts Bally’s AU$300M Rescue Deal

Star Entertainment Accepts Bally’s AU$300M Rescue Deal

Australia’s embattled casino operator, Star Entertainment Group, received a lifeline from Bally’s Corporation early last month. At the time, the latter company proposed AU$250 million ($158 million) to help the former and become a major shareholder. The announcement came after Star failed to disclose its six months results for the period ended December 31…
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