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Bally’s announced Monday that it reached an agreement to infuse The Star Entertainment with $187 million (AUD $300 million).
It has also sold a theatre attached to its main casino in inner-city Sydney. Its deal with Bally's will see the U.S. group assume control should shareholders approve at a meeting in mid June.
Thanks to a $300 million cash infusion from the Bally’s Corporation, Australia’s troubled Star Entertainment casino group has been saved. The deal gives Bally’s a 56.7% stake in the company ...
SYDNEY (Reuters) - Bally's Corp considered waiting for Star Entertainment to enter voluntary administration before investing but feared the Australian casino group would have been too hard to ...
More than 140 workers went on strike Monday at Caesars Southern Indiana Hotel and Casino. The work stoppage started after the ...
Bally’s, the Rhode Island-based gaming company that’s developing a Chicago casino, is buying a controlling interest in a struggling Australian casino operator for about $180 million.
This summary is reviewed by TRD Staff. Bally's is pursuing a $195 million private share sale for its Chicago casino project after the SEC halted a $250 million IPO aimed at women and minority ...