IAG Vice Chairman and CEO Andrew W Scott talks to Soo Kim, Chairman of US-based casino operator Bally’s Corp – which owns 19 casinos across the US plus other assets – after it was reported he was recently in Australia visiting Star Entertainment Group’s casinos in Sydney, Brisbane and the Gold Coast.
On the same day Star entered a trading halt amid concerns it is on the verge of running out cash, Soo gives IAG the lowdown on exactly why he and his team was checking out Star’s properties, how real their interest in the troubled casino operator is and why he thinks Bally’s might be the right people to turn Star around.
He also outlines his vision for the potential future of Star: to split its assets apart or keep them together as one?
*Be sure to check out IAG’s recent video deep dive into Star, titled “What happens of Australia’s Star Entertainment Group goes broke?”
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