Star Entertainment’s board and auditors are set to sign off on its annual financial accounts after securing a critical multimillion-dollar bailout package.
The ASX-listed casino operator late on Wednesday confirmed a report in The Australian Financial Review that it had secured funds from its lenders in exchange for security over assets, including properties.
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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
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com