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The Star

Fallen Star: The inside story of how a casino was brought undone

Star was already on its knees when carded play was introduced to its Sydney casino, a measure that brought it completely undone.

  • Harriet Alexander

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Bally’s chairman Soo Kim and one of its 19 properties, the Bally’s casino in Las Vegas.

Star casino falls to a new class of Wall Street predator

Cannabis, tobacco and Star casino may seem like an odd combination of interests, but Star’s rescuer is a different breed from recent US corporate predators.

  • Colin Kruger
Star Entertainment has reportedly found a way to stay alive with a new deal.

Star board backs rescue deal from US ‘vulture’

A $300 million deal with US-based company Bally’s will allow the embattled casino operator to protect 8000 jobs in NSW and Queensland.

  • Colin Kruger and Supratim Adhikari
Star Entertainment told lenders last week it has one week left of cash.

Star on the brink again as $940m lifeline falls through

Star Entertainment may have just days to pull off a deal that would stave off collapse, as it teeters on the brink for the third time in as many months.

  • Colin Kruger
The casino and Queens Wharf complex in Brisbane.

Revealed: Bombshell report into shady casino links they didn’t want you to see

A secret government report concluded the Hong Kong company that rescued Star from financial collapse concealed its relationship with a notorious junket operator.

  • Harriet Alexander
Bally’s Corporation has 19 casinos across the United States and has set its sights on Australia’s Star.

Star may still be breathing but its rescue just got complicated

With a deal in hand to keep the lights on a bit longer, Star Entertainment now has a new bid from an opportunistic raider, adding a twist in the tale for management and Star lenders.

  • Elizabeth Knight
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Star faces a fine in the hundreds of millions of dollars for contraventions of Australia’s money laundering laws.

Opportunity knocks for US hedge-fund backed casino group eyeing Star

Ailing casino operator Star’s latest suitor Bally’s has a chairman with a track record of targeting casino businesses in strife.

  • Clancy Yeates
The sale of Star’s Brisbane casino will ensure it has enough cash to survive for a few more weeks.

Star casino deal buys time but its future is still in doubt

The casino operator’s shares will remain suspended this week and the board has gained a few weeks to assure themselves that the company is a going concern.

  • Colin Kruger
Former Star CEO Matt Bekier leaves the Federal Court.

Former Star boss grilled as casino operator mulls lifeline

Former Star Entertainment chief executive Matt Bekier has rejected claims he may have breached his duties by relying on other executives to alert him to any probity issues relating to junket operators.

  • Colin Kruger
Matt Bekier

Star’s survival circus moves from unusual to absurd

As Star’s former boss gets grilled in the Federal Court, the casino operator is chasing an 11th-hour reprieve from financial collapse.

  • Elizabeth Knight

Original URL: https://www.smh.com.au/topic/casinos-1mqb