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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Star casino offered A$150m loan, but it may not be enough

The future is still uncertain for the company despite winning a A$43m judgement against a high roller and selling a property for A$67m.

The Star in Sydney, scene of money laundering.

Embattled ASX-listed casino operator Star Entertainment has been offered A$150 million ($163m) by lenders to alleviate a cash flow crisis which has seen the company’s shares suspended from trading after it failed to report its annual results.

The company, which operates casinos in Sydney, the Gold

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Lachlan Colquhoun Thu, 12 Sep 2024
Contact the Writer: lachlan@nbr.co.nz
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Star casino offered A$150m loan, but it may not be enough
Investment,
105816
true