Star Entertainment Group Faces Critical Financial Hurdles as Refinancing Plans Unravel

The Star Entertainment Group, a prominent name in the Australian gambling sector, is currently navigating through tumultuous financial waters as its AU$940 million ($593 million) refinancing deal with Salter Brothers Capital (SBC) has unexpectedly fallen through. This development compels the company to consider alternative strategies, including a proposal from American casino titan, Bally’s Corporation. The unraveling of this deal after “extensive negotiations” has […]