
US giant to buy stake in cash-short Australian casino group
Chuks Comedy Court
0SubscribersTroubled Australian casino operator Star Entertainment says it has been thrown an 11th hour multi-million dollar lifeline by US-based casino giant Bally’s Corporation. Star Entertainment last traded at Aus$0.11 a share with a market capitalisation of Aus$316 million — a far cry from its Aus$5 billion-plus value of seven years ago…
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