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STAR ENTERTAINMENT GRP LTD/T

0.110

0.000

Volume:4.98M

Turnover:546.90K

Market Cap:315.37M

PE:-0.16

High:0.110

Open:0.110

Low:0.105

Close:0.110

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Overview Company News Filings

BRIEF-Star Entertainment Posts HY Normalised Loss After Tax Of A$136 Million

Star Entertainment - Focused on Implementing Strategic Investment by Bally’s and Investment Holdings

THOMSON REUTERS

Star Entertainment - Hy Normalised Loss After Tax of a$136 Million Before Significant Items

THOMSON REUTERS

Star Entertainment - for FY25YTD, Monthly Trading in Q2 Had Stabilised Compared to Q1

THOMSON REUTERS

Star Entertainment - for FY25YTD, There Has Been a Softening in Trading During Q3

THOMSON REUTERS

Star Entertainment - H1 FY25 Normalised Revenue of a$650 Mln

THOMSON REUTERS

Market Chatter: Bally's Mulls Retaining Control of Brisbane Casino as Part The Star Entertainment Group Deal, Chairman Says

MT Newswires Live

Star Receives AU$100 Million From Shareholder; Unit Completes AU$60 Million Sale

MT Newswires Live

BRIEF-Star Entertainment Announces Completion Of Divestment Of Star Sydney Event Centre

Star Entertainment - Completion of Divestment of Star Sydney Event Centre Assets

THOMSON REUTERS

Star Entertainment - Entered Commitment Letter With Investment Under Which Investment Will Subscribe for a$100 Mln of Investment

THOMSON REUTERS

Star Entertainment Group Ltd-Proposed Issue of Securities - Sgr

THOMSON REUTERS

Own Star Entertainment shares? Here are the takeover details and when you'll get to vote

Embattled Star offered $300M lifeline from Bally’s

The Market Herald

ASX Market Open: Shares to rebound slightly after Monday’s bloodbath | April 8, 2025

The Market Herald

ASX Preview: Australian Shares to Open Higher as Trump's New Tariff Threat Against China Keeps Investors on Edge; Star Obtains AU$300 Million Funding

MT Newswires Live

Star to Receive AU$300 Million in Funding From Bally's

MT Newswires Live

BRIEF-Bally's Corporation Enters Into A Binding Agreement With The Star

Bally's Corporation Enters Into a Binding Agreement With the Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt

THOMSON REUTERS

Press Release: Bally's Corporation enters into a binding agreement with The Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt

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Star Entertainment SGR.AX:HY NORMALISED LOSS AFTER TAX OF A$136 MILLION BEFORE SIGNIFICANT ITEMSFOR FY25YTD, MONTHLY TRADING IN Q2 HAD STABILISED COMPARED TO Q1FOCUSED ON IMPLEMENTING STRATEGIC INVESTMENT BY BALLY’S AND INVESTMENT HOLDINGSFOR FY25YTD, THERE HAS BEEN A SOFTENING IN TRADING DURING Q3H1 FY25 NORMALISED REVENUE OF A$650 MLNSTAR SYDNEY REVENUE HAS DECLINED BY 8% IN Q3 COMPARED TO Q2AS AT 11 APRIL 2025, STAR HAD AVAILABLE CASH OF A$98 MLNQ3 REVENUE DOWN BY 9% ACROSS THE GROUP COMPARED TO Q2Further company coverage: SGR.AX ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250415:nL4N3QT06S:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2527610967","title":"Star Entertainment - 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H1 FY25 Normalised Revenue of a$650 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2527096741","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527096741?lang=en_us&edition=fundamental","pubTime":"2025-04-15 10:22","pubTimestamp":1744683744,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250415:nFWN3QS21O:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SGR.AU","BK7078"],"gpt_icon":0},{"id":"2527919148","title":"Market Chatter: Bally's Mulls Retaining Control of Brisbane Casino as Part The Star Entertainment Group Deal, Chairman Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2527919148","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527919148?lang=en_us&edition=fundamental","pubTime":"2025-04-14 08:07","pubTimestamp":1744589221,"startTime":"0","endTime":"0","summary":"Bally's would prefer to retain control of The Star Entertainment Group's  Queen's Wharf casino precinct in Brisbane as either its owner or operator, despite a previously signed deal to offload the precinct to Star's consortium partners Chow Tai Fook Enterprises and Far East Consortium, The Australian reported Monday quoting Bally's chairman Soo Kim.Kim cautioned that he did not have a full understanding of the complex transaction for the Hong Kong-based consortium partners to acquire Star's 50% stake in Queen's Wharf.If the sale proceeds, Bally's has conducted talks with the partners about continuing to manage the precinct on the partners' behalf.Until the deal goes through, Bally's plans to run the asset.The New South Wales Independent Casino Commission chief commissioner Philip Crawford said that the probity assessment of Bally's had started, with assistance from Liquor & Gaming NSW.Meanwhile, Queensland Attorney-General and Minister for Justice Deb Frecklington said the deal would r","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2526834821","title":"Star Receives AU$100 Million From Shareholder; Unit Completes AU$60 Million Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2526834821","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526834821?lang=en_us&edition=fundamental","pubTime":"2025-04-09 06:26","pubTimestamp":1744151179,"startTime":"0","endTime":"0","summary":"The Star Entertainment Group (ASX:SGR) secured AU$100 million from its largest shareholder, Investment Holdings, reducing US casino operator Bally's stake in a AU$300 million investment to AU$200 mill","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525867112","title":"BRIEF-Star Entertainment Announces Completion Of Divestment Of Star Sydney Event Centre","url":"https://stock-news.laohu8.com/highlight/detail?id=2525867112","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525867112?lang=en_us&edition=fundamental","pubTime":"2025-04-08 18:42","pubTimestamp":1744108948,"startTime":"0","endTime":"0","summary":"BRIEF-Star Entertainment Announces Completion Of Divestment Of Star Sydney Event CentreApril 8  - Star Entertainment Group Ltd SGR.AX:COMPLETION OF DIVESTMENT OF STAR SYDNEY EVENT CENTRECOMPLETION OF DIVESTMENT OF STAR SYDNEY EVENT CENTRE ASSETSDIVESTMENT OF STAR SYDNEY EVENT CENTRE ASSETS FOR A$60 MILLIONNICC'S CONSENT TO DIVESTMENT INCLUDES CONDITION THAT PROCEEDS MUST BE HELD IN ESCROWFurther company coverage: SGR.AX ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250408:nFWN3QM15Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SGR.AU","BK7078"],"gpt_icon":0},{"id":"2525818854","title":"Star Entertainment - Completion of Divestment of Star Sydney Event Centre Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2525818854","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525818854?lang=en_us&edition=fundamental","pubTime":"2025-04-08 16:31","pubTimestamp":1744101079,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250408:nFWN3QM15Q:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525485594","title":"Star Entertainment - Entered Commitment Letter With Investment Under Which Investment Will Subscribe for a$100 Mln of Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2525485594","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525485594?lang=en_us&edition=fundamental","pubTime":"2025-04-08 15:52","pubTimestamp":1744098721,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250408:nFWN3QL1M6:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525583211","title":"Star Entertainment Group Ltd-Proposed Issue of Securities - Sgr","url":"https://stock-news.laohu8.com/highlight/detail?id=2525583211","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525583211?lang=en_us&edition=fundamental","pubTime":"2025-04-08 14:35","pubTimestamp":1744094126,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250408:nTUE6QZT1J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525374855","title":"Own Star Entertainment shares? Here are the takeover details and when you'll get to vote","url":"https://stock-news.laohu8.com/highlight/detail?id=2525374855","media":"MotleyFool","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525374855?lang=en_us&edition=fundamental","pubTime":"2025-04-08 12:19","pubTimestamp":1744085950,"startTime":"0","endTime":"0","summary":"Star Entertainment hopes to dispatch a booklet to shareholders in late May and schedule a vote in late June.  The board intends to unanimously recommend the takeover proposal to investors, unless a better offer is made.  As usual, the takeover will be subject to an independent expert concluding it is in the best interests of shareholders.  Each board director intends to vote all of the Star Entertainment shares they own or control in favour of the deal.  Star Entertainment is preparing a booklet containing all the information and the board's reasoning for recommending the deal. The Star Entertainment share price remains frozen at 11 cents for now. Star Entertainment shares have lost 7","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com.au/2025/04/08/own-star-entertainment-shares-here-are-the-takeover-details-and-when-youll-get-to-vote/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"motleyfoolau_stock","symbols":["BK7078","BALY","BK4150","SGR.AU"],"gpt_icon":0},{"id":"2525572005","title":"Embattled Star offered $300M lifeline from Bally’s","url":"https://stock-news.laohu8.com/highlight/detail?id=2525572005","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525572005?lang=en_us&edition=fundamental","pubTime":"2025-04-08 07:55","pubTimestamp":1744070100,"startTime":"0","endTime":"0","summary":"It appears Star Entertainment  has won a reprieve from financial collapse, signing a deal with U.S. gaming giant Bally’s Corporation which will soon provide the casino operator with a $300 million injection.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.On Monday, Star entered a binding term sheet with Bally’s; the investment takes the form of a multi-tranche convertible note and subordinated debt interest.Bally’s will provide Star with $100 million on or before Wednesday, April 9, then follow this up with an additional $200M pending a shareholder vote to approve the transaction and regulatory approvals; alternatively, the second tranche will be paid in two parts: $100M to be paid to Star after shareholders have approved, and another $100M after regulatory approvals being received.The material provided in this article is for information only and should not be treated as investment ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/embattled-star-offered-300m-lifeline-from-ballys-2025-04-08/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525070906","title":"ASX Market Open: Shares to rebound slightly after Monday’s bloodbath | April 8, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2525070906","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525070906?lang=en_us&edition=fundamental","pubTime":"2025-04-08 06:39","pubTimestamp":1744065540,"startTime":"0","endTime":"0","summary":"Australian shares are today rebounding slightly, climbing around 0.5% – according to early ASX 200 futures – as the bourse recalibrates after Week 15’s bloody Monday.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The Oz index yesterday suffered a one-day loss not seen since May 2020, so it would’ve been no surprise if traders were feeling a little shellshocked today.Back home, Star Entertainment  has today signed a $300 million deal with Bally’s, a U.S. gaming giant that has been circling the embattled casino operator for some weeks. For now, the Star remains suspended from trade.Endeavour Group  is cutting some staff to save costs as chairman-slash-acting CEO Ari Mervis looks to keep shareholders happy as stock value falls.Deep Yellow  will be a hot topic on the HotCopper forums today after further staged developments at the explorer’s flagship Tumas Project in Namibia; this inclu","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-open-shares-to-rebound-slightly-after-mondays-bloodbath-april-8-2025-2025-04-08/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["EDV.AU","BK7093","DYL.AU","BK7083","ZIP.AU","SGR.AU","BK7078","BK7040"],"gpt_icon":0},{"id":"2525812077","title":"ASX Preview: Australian Shares to Open Higher as Trump's New Tariff Threat Against China Keeps Investors on Edge; Star Obtains AU$300 Million Funding","url":"https://stock-news.laohu8.com/highlight/detail?id=2525812077","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525812077?lang=en_us&edition=fundamental","pubTime":"2025-04-08 06:02","pubTimestamp":1744063339,"startTime":"0","endTime":"0","summary":"Australian shares are set to open higher Tuesday after US benchmark equity indexes shaved off some of their losses in what is shaping up to be global markets' most turbulent period since the COVID-19 ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["XJO.AU","XKO.AU","CBA.AU","XAO.AU","WBC.AU","ISBC","SGR.AU"],"gpt_icon":0},{"id":"2525072400","title":"Star to Receive AU$300 Million in Funding From Bally's","url":"https://stock-news.laohu8.com/highlight/detail?id=2525072400","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525072400?lang=en_us&edition=fundamental","pubTime":"2025-04-08 05:52","pubTimestamp":1744062761,"startTime":"0","endTime":"0","summary":"The Star Entertainment Group  secured a AU$300 million investment from New York Stock Exchange-listed Bally's, consisting of convertible notes and subordinated debt, according to a Monday filing with the Australian bourse.Under a binding term sheet, the funds will be disbursed in two tranches, with AU$100 million to be paid to Star on or before Wednesday and AU$200 million to be subject to shareholder approval and regulatory clearances, the filing said.The convertible notes represent up to 56.7% of Star's total issued capital on a fully diluted basis.The investment carries a 9% annual coupon rate, payable in cash or in kind, a conversion price of AU$0.08 per share, and will expire on July 2, 2029, the filing added.A potential subscription by Star's largest shareholder, Investment Holdings, could reduce the amount from Bally's to AU$200 million,  per the filing.Star's board recommends that shareholders vote in favor of the investment in the absence of a superior proposal and subject to ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7078","SGR.AU"],"gpt_icon":0},{"id":"2525176048","title":"BRIEF-Bally's Corporation Enters Into A Binding Agreement With The Star","url":"https://stock-news.laohu8.com/highlight/detail?id=2525176048","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525176048?lang=en_us&edition=fundamental","pubTime":"2025-04-07 20:44","pubTimestamp":1744029845,"startTime":"0","endTime":"0","summary":"BRIEF-Bally's Corporation Enters Into A Binding Agreement With The StarApril 7 (Reuters) - Bally's Corp BALY.N:BALLY'S CORPORATION ENTERS INTO A BINDING AGREEMENT WITH THE STAR FOR AUD 300 MILLION STR","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250407:nTUA8CL7WL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4150","BK7078","SGR.AU","BALY"],"gpt_icon":0},{"id":"2525148014","title":"Bally's Corporation Enters Into a Binding Agreement With the Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt","url":"https://stock-news.laohu8.com/highlight/detail?id=2525148014","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525148014?lang=en_us&edition=fundamental","pubTime":"2025-04-07 19:35","pubTimestamp":1744025747,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250407:nTUA8CL7WL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4150","BALY","SGR.AU","BK7078"],"gpt_icon":0},{"id":"2525141630","title":"Press Release: Bally's Corporation enters into a binding agreement with The Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt","url":"https://stock-news.laohu8.com/highlight/detail?id=2525141630","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525141630?lang=en_us&edition=fundamental","pubTime":"2025-04-07 19:35","pubTimestamp":1744025700,"startTime":"0","endTime":"0","summary":"Bally's Corporation enters into a binding agreement with The Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt. The Star is an ASX-listed, leading Australian entertainment and gaming company, operating casino and resort properties in Sydney, Brisbane and the Gold Coast. The Star employs approximately 8,000 team members while also supporting downstream employment and other opportunities in the communities in which it operates.Soo Kim, Chairman of Bally's, said \"This transaction provides Bally's the opportunity to infuse The Star with what it needs to regain its position as Australia's preeminent gaming destination.  And it allows The Star shareholders to share in what we confidently believe will be a brighter future together.\". George Papanier, President of Bally's adds, \"We are excited to bring our reputation and operating expertise to a wonderful set of properties that operate in fantastic markets.  We are up for the challenge.\". 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