Australia’s Star Entertainment eyes Bally’s lifeline after failing to secure new debt package
[SYDNEY] Australia’s Star Entertainment on Wednesday said it was exploring a lifeline from by US casino group Bally’s Corp after an up to A$940 million (S$793.5 million) refinancing proposal from investment group Salter Brothers Capital collapsed. Sydney-based Star, Australia’s no.2 casino operator, said a number of conditions required for the Salter proposal to go ahead…