Star rescue takes a twist as new offer lands: report
Source: Sydney Morning Herald
The casino operator has reportedly received a new offer, with a report in The Australian newspaper saying Star’s management has received a rescue proposal from US-based Bally’s Corporation.
Ailing casino operator Star Entertainment’s rescue efforts have taken a new twist, with the company reportedly receiving a new funding offer from a US suitor.
Star avoided collapse on Friday after signing a deal to offload its stake in the Queens Wha… [460 chars]