Star Entertainment reassesses financial strategy amidst gambling … – Investing.com Australia

Reuters. Star Entertainment Group Ltd., a leading Australian casino operator, has initiated a trading halt for its shares until Wednesday, following regulatory scrutiny impacting the nationwide gambling sector. The company’s financial standing has been influenced by these regulatory actions, leading to a reassessment of its financial strategy. The pause in trading is in anticipation of…

Australia Casino Operator Star Weighs Refinancing After Gambling … – Bloomberg

Australian casino operator Star Entertainment Group Ltd. is seeking to raise as much as A$1.2 billion ($771 million) through a combination of equity and debt after a crackdown on criminal associations and money laundering across the nations gambling industry eroded its financial position. The company launched a A$750 million equity raising priced at 60 Australian…

Zolciak-Biermann Financial Crisis Tied to Gambling in Messy … – West Island Blog

Reality television personalities Kim Zolciak, 45, and her husband Kroy Biermann, 38, are embroiled in a bitter and very public divorce proceeding that has revealed their worrying financial state. Through legal documents made public, Biermann points a finger at his wife as the primary catalyst for their financial predicament. For all his eight seasons as…

NSW Labor pledges $2.2bn for housing and infrastructure in first budget in a decade – The Guardian Australia

The New South Wales government has vowed to invest $2.2bn in housing and infrastructure projects, including new roads and schools, in Labors first state budget in more than a decade. The government has forecast a $7.8bn deficit this financial year but expects a string of modest surpluses after that, bankrolled by its big twin revenue…