The casino operator’s shares will remain suspended this week and the board has gained a few weeks to assure themselves that ...
Star Entertainment is falling into deeper financial trouble and its pockets are empty. Experts say the distressed company is likely to enter voluntary administration as its attempts to secure a ...
Troubled casino operator Star Entertainment has barely enough cash to last until the weekend, increasing the likelihood of the company entering administration as early as Wednesday.
The NSW government owns the property upon which the flagship Sydney casino, adjoining hotel and theatre are built, thereby giving it security over those assets. Star Entertainment is falling into ...
Star Entertainment Group’s rescue plan could be derailed within days, with the potential that lenders will block King Street ...
The company has sold its 50 per cent stake in the Brisbane casino to Chow Tai Fook Enterprises and Far East Consortium, and ...
The riverboat docks at the Star Casino Terminal, a 34,000-sq.-ft. modern building which houses an information booth, reservations booth, restaurant, gift shop, cocktail bar and the security ...
Embattled casino operator Star Entertainment has been able to secure much needed finance, but it comes with a catch.
The plan, if successful, would inject funds into the casino group this week and allow it to continue operating while a longer-term rescue deal is negotiated.
Star Entertainment said Monday it is considering a A$250 million ($157 million) cash injection proposal from U.S. casino operator Bally’s Corp., which is seeking to take a controlling interest ...