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Star Entertainment receives last-minute $250 million offer from US casino giant Bally’s byteseu.com/816189/ #Bally #Brisbane #casino #ChowTaiFookEnterprises #collapse #Debt #Entertainment #FarEastConsortium #financial #gambling #GoldCoast #liquidity #Loan #Queen'sWharf #refinance #star #StarCasino #StarEntertainment

Bytes Europe · Star Entertainment receives last-minute $250 million offer from US casino giant Bally'sCasino operator Star Entertainment is mulling a bid from US gaming giant Bally's, that would give it at least $250 million in funding, in exchange for a controlling stake in the group.Star pulled back from the brink of collapse on Friday, reaching a deal with Hong Kong investors to sell out of Brisbane's Queen's Wharf and take full control of its Gold Coast casino precinct, in addition to bridging finance and a refinancing deal that would give it access to up to $940 million in debt.On Monday morning, Star confirmed that it had received an unsolicited offer from US casino
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