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 ...

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

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 ...

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

Despite these concerns, Bally’s chairman Soo Kim told The Australian his company had the financial strength to complete the $200m Star buyout. “Clearly before we commit hundreds of millions of ...

Bally’s announced Monday that it reached an agreement to infuse The Star Entertainment with $187 million (AUD $300 million).

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 ...

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

Bally’s, the Rhode Island-based gaming company that’s developing a Chicago casino, is buying a controlling interest in a ...