Star Entertainment has made its most drastic move yet to avoid insolvency by selling its stake in the multibillion-dollar ...
The company has sold its 50 per cent stake in the Brisbane casino to Chow Tai Fook Enterprises and Far East Consortium, and ...
Bally's chair Soo Kim tells The Business he's yet to hear from Star's boss after making an eleventh-hour bid to control the ...
This week’s surprise move by New York-based financier and casino operator Soo Kim on the troubled Star Entertainment group ...
The casino operator’s shares will remain suspended this week and the board has gained a few weeks to assure themselves that ...
It will buy the Brisbane casino for a $53 million in cash, payable in tranches, with the first starting at $35 million. It ...
The casino operator has reportedly received a new offer, with a report in The Australian newspaper saying Star’s management ...
Star Entertainment’s Hong Kong partners have arrived in Brisbane to seal a deal to take total control of the $3.9bn Queen’s ...
For Star to survive, it would have to cauterise its biggest financial wound that was bleeding the balance sheet dry. And that ...
The Queensland government is expected to green light Star Entertainment’s sale of its stake in the $3.9bn Queen’s Wharf ...
Under the terms of the confidential Queen’s Wharf agreement, Star was in line to be paid a guaranteed “soft cap” of $85m a year for operating the new casino and other facilities based on a ...