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Star Casino to divest key assets in Sydney
Star Entertainment to divest Star Sydney Event Centre assets as it hunts for cash
Star Entertainment said on Wednesday it would divest its Star Sydney Event Centre assets to theatre owner and operator Foundation Theatres for A$60 million ($37.51 million) as the casino operator undergoes a cash and liquidity crunch.
The Star Entertainment Sells Sydney Event Centre Assets to Foundation Theatres
Star Entertainment Group Limited ( ($AU:SGR) ) has shared an update. The Star Entertainment Group Limited has announced the divestment of its Star
Star Casino to divest key assets in Sydney for $60 million
The Star Entertainment Group has revealed plans to offload its key theatre and event centres in Sydney, marking a significant move as it looks to raise funds amid ongoing financial pressures. The sale,
Star casino to sell key theatre and event centres in Sydney
Cash-strapped casino operator The Star has announced it will sell its key theatre and event centres in its Sydney home for around $60 million.
1d
Cerberus woos Star Entertainment creditor group for a slice of debt
Cerberus’s dealmakers have made it clear to Star’s lender group that they are interested in buying a slice of its debt, which ...
22h
on MSN
‘West End’ theatre district a step closer with $60m Star deal
The desperate sale of Star’s events business could transform Pyrmont into Sydney’s version of London’s famous theatre ...
10d
The Star Entertainment Group announces more cash losses as staff, shareholders in limbo
ASX-listed gambling giant The Star Entertainment Group has revealed its latest financial results, noting a “material ...
9d
A rescue deal for Star won’t solve its existential crisis
Star’s mounting losses show the urgency of its ugly situation. But even winning the support of governments and lenders won’t ...
13d
on MSN
Concern grows over casino operators the Star Entertainment Group
The casino operator owns and runs casinos in Sydney, on the Gold Coast and in Brisbane, with over 8000 workers nationwide ...
16d
Casino operator Star 'on its knees' as analyst predicts looming financial collapse
At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of Australia's biggest casino operators. How did the company get to this point?
9d
on MSN
Star warns investors of ‘material uncertainty’ over its future as revenue falls
The embattled casino operator said it was continuing discussions in an attempt to manage its financial woes, but there was no ...
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