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Bruce Mathieson made second secret bid for Star’s Gold Coast casino

Zoe Samios

Star Entertainment rejected an offer made by one of its biggest investors to buy its Gold Coast casino in return for a significant amount of up-front cash made just weeks ago, a deal that could have stabilised the business.

The offer was made by billionaire publican Bruce Mathieson and was the second in two months. The Australian Financial Review’s Street Talk column reported on Monday that Mathieson had also lobbed a proposal to acquire the Gold Coast casino late last year.

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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com

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