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Because the Star is located geographically in Sydney’s premium entertainment area, it’s able to provide accommodations that are uniquely luxurious. Rocking live bands, hilarious comedians, and engagingly unique musical acts are also on-hand. The one thing that is missing from the facility is the chance to enjoy electronic gaming. Whether you are a low stakes player or a high roller, you’ll find the table that’s just right for you at this casino.
With the Salter deal off the table, Star said it was now focused on securing a deal with US firm Bally's, which was first proposed in early March. The casino group was working to secure a refinancing arrangement with Salter Brothers Capital, which has now been withdrawn. Star Entertainment is once again on the brink of collapse, after a rescue deal fell through. The casino operator is considering an offer from US gaming giant Bally's, which wants a controlling stake in Star for $250 million It was enough to breathe some life back into the share price, which has moved up from 10¢ to 14¢ since Wang’s shareholding was disclosed. The company is burning through cash at the rate of $35 million a month, which gives it about six weeks of funds left before emptying its piggy bank.
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