JPMorgan Ends Stake in Star Entertainment Amid Ongoing Turmoil

JPMorgan Chase has divested its stake in Star Entertainment, an Australian casino group grappling with mounting regulatory, operational, and financial difficulties. The gaming company’s recent exchange filing confirmed the investment banker’s exit, which was finalized after holding 5.09% of Star Entertainment’s voting power. Star Entertainment, recognized as Australia’s second-largest casino operator, has faced a barrage […]