Bally’s acquisition of Australia’s Star described as risky with likely need for further capital investment

Bally’s Corp’s AU$300 million (US$180 million) bailout of Australia’s Star Entertainment Group has been described by CBRE Credit Research as a risky move that won’t resolve Star’s ongoing issues and will likely require further capital investment to improve operations.CBRE analysts have also question

27like·0comment

#StarEntertainment

Bally’s acquisition of Australia’s Star described as risky with likely need for further capital investment

Star’s largest shareholder said to be backing Bally’s takeover bid with $31.5 million

Bally’s Steps in with AU$250M Offer to Help Star Entertainment

Australian entertainment giant and casino operator Star Entertainment is completely done for!

Bally’s Corporation joins Star Entertainment scramble in Australia

Star Entertainment sells Sydney Event Centre and related assets for $37.5M to raise cash

Star Entertainment Confirms Getting Queen’s Wharf Bids

Blackstone Could Wait for Star to Be Placed Under Administration

Fitzdares to Part Ways with CEO Woodhams

Star Entertainment’s Debt-Raising Capacity “Limited” as Q2 Report Shows Lower Profits

Australia’s Star Entertainment is on the brink of collapse. What happens next?

Macau investor becomes major shareholder in struggling Star Entertainment

Australia’s Star Entertainment faces cash crunch amid regulatory woes, economic pressures

Star Entertainment Risks Going Bust, Putting Thousands of Jobs on the Line

Star Entertainment Shares Drop as Company Reports Decline in Cash

JPMorgan exits stake in embattled Australian casino operator Star Entertainment

Bally’s acquisition of Australia’s Star described as risky with likely need for further capital investment

Star’s largest shareholder said to be backing Bally’s takeover bid with $31.5 million

Bally’s Steps in with AU$250M Offer to Help Star Entertainment

Australian entertainment giant and casino operator Star Entertainment is completely done for!

Bally’s Corporation joins Star Entertainment scramble in Australia

Star Entertainment sells Sydney Event Centre and related assets for $37.5M to raise cash

Star Entertainment Confirms Getting Queen’s Wharf Bids

Blackstone Could Wait for Star to Be Placed Under Administration

Fitzdares to Part Ways with CEO Woodhams

Star Entertainment’s Debt-Raising Capacity “Limited” as Q2 Report Shows Lower Profits

Australia’s Star Entertainment is on the brink of collapse. What happens next?

Macau investor becomes major shareholder in struggling Star Entertainment

Australia’s Star Entertainment faces cash crunch amid regulatory woes, economic pressures

Star Entertainment Risks Going Bust, Putting Thousands of Jobs on the Line

Star Entertainment Shares Drop as Company Reports Decline in Cash

JPMorgan exits stake in embattled Australian casino operator Star Entertainment