US casino mogul may keep Queen’s Wharf
Bally’s boss Soo Kim is exploring options to remain involved in Star’s prized Queen’s Wharf casino precinct as either owner or operator.
Bally’s boss Soo Kim is exploring options to remain involved in Star’s prized Queen’s Wharf casino precinct as either owner or operator.
The casino boss set to take control of Star Entertainment is working on a ‘day one action plan’ to fundamentally change the way the cash-strapped resort operates.
US-based casino giant Bally’s says its buyout will allow Star Entertainment to regain its position as ‘Australia’s preeminent gaming destination’.
Troubled casino operator Star Entertainment has accepted a $300m takeover offer from US-based Bally’s Corp, helping it narrowly avoid administration.
Crown claims it now runs one of the safest casinos in the world in terms of customer welfare, with its dedicated team on the lookout for early warning signs of problem gambling.
Troubled casino operator Star Entertainment Group is facing collapse within days as it runs out of suitors prepared to prop up a company now considered beyond repair.
Star Entertainment’s much hoped for $940m refinancing lifeline has stalled, throwing fresh doubt on its future as it looks to US suitor Bally’s Corp for a potential loan.
Crown Resorts boss David Tsai has warned new regulatory restrictions targeted solely at casinos will stymie investment.
It’s crunch time for Star Entertainment chief executive Steve McCann as a deadline to finalise a $900m refinancing package fast approaches.
The Queensland Government says it has approved 30 new resources leases since winning office in October as it vows to reduce regulatory bottlenecks in the sector.
Original URL: https://www.couriermail.com.au/journalists/glen-norris