Star Entertainment Rescued by Bally’s in $300M Takeover Agreement

In a transformative move, Star Entertainment Group is set to hand over the reins to Bally’s Corporation following a $300 million acquisition deal. This agreement promises to secure the Australian casino operator from looming financial peril. A strategic rescue operation: The board of Star Entertainment, under the leadership of Chairwoman Anne Ward, along with its lenders, endorsed the deal over the […]

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Apr 7, 2025 - 08:55
Star Entertainment Rescued by Bally’s in $300M Takeover Agreement

In a transformative move, Star Entertainment Group is set to hand over the reins to Bally’s Corporation following a $300 million acquisition deal. This agreement promises to secure the Australian casino operator from looming financial peril. A strategic rescue operation: The board of Star Entertainment, under the leadership of Chairwoman Anne Ward, along with its lenders, endorsed the deal over the […]