Bally's Corp considered waiting for Star Entertainment to enter voluntary administration before investing but feared the ...

The American giant has turned around plenty of casinos in the past. Now it is turning its attention to tackling its most ...

The $3.6 billion Queen’s Wharf casino and resort complex was always pitched to a sceptical populace as a luxurious magnet for ...

Bally’s considered waiting for Star Entertainment to enter voluntary administration but feared the group would be hard to ...

Under the deal, Bally’s will purchase a combination of Star's convertible notes and subordinated debt, delivered in multiple ...

The largest shareholder currently in Australian casino business The Star Entertainment Group Ltd is to subscribe to AUD100 ...

Troubled Star Entertainment’s US-based white knight Bally’s Corp is facing its own financial challenges in its home market.

Thanks to a $300 million cash infusion from the Bally’s Corporation, Australia’s troubled Star Entertainment casino group has been saved. The deal gives Bally’s a 56.7% stake in the company, which ...

Struggling Australian casino company The Star Entertainment Group has secured a financial lifeline from America's Bally’s ...

The rescue deal consists of multi-tranche convertible notes and subordinated debt instruments, Star said in an Australian Securities Exchange filing last week. Once the notes are converted, Bally ...

SYDNEY (Reuters) - Bally's Corp considered waiting for Star Entertainment to enter voluntary administration before investing but feared the Australian casino group would have been too hard to ...