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Bally’s chairman Soo Kim has big plans for Star.

How Star’s new owners plan a major overhaul

Think of the new Star Entertainment properties as a cross between what they are today and ones that will more closely resemble monster-sized RSLs.

  • Elizabeth Knight

Latest

Screenshot from Back to the Future II.

Will Bally’s bring the Biff to Queen’s Wharf?

Queenslanders were promised champagne and caviar. Turns out, we could end up with Coke and crackers.

  • Cameron Atfield
Star Entertainment released its results for the half ending December 31 after months of negotiations about its future.

Star’s accounts paint an ugly picture – and it’s not out of the woods yet

Given the state of its finances it really was Bally’s or bust for Star, and the casino operator’s US owner will have to be ready to wade through an ocean of red.

  • Elizabeth Knight
Despite receiving several loans, Star is in a race against time as it burns through cash.

Star casino gets smashed as gamblers flock to pubs and clubs

New pokies restrictions to prevent money-laundering have hit the casino operator hard as punters opt for cash-friendly alternatives.

  • Colin Kruger
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
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
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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

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