The ongoing saga of Star Entertainment Group took another turn on Monday morning when it was revealed that US-based Bally’s Corp had tabled an offer to acquire the troubled Australian casino operator.
The news, reported by Inside Asian Gaming (IAG), caught the attention of mainstream Australian media given Star’s significant presence in Sydney, Brisbane and the Gold Coast.
IAG’s Vice Chairman and CEO Andrew W Scott was invited to appear as a special guest on Sky News to discuss the dramatic events and what Star’s woes mean for the industry.
The ongoing interest of mainstream media in the woes of Star – said to be hanging in the balance on the brink of insolvency, and with approximately 9,000 jobs on the line – demonstrates the significance of the issue to the people of Sydney and New South Wales.
