Australia

Star Entertainment’s Lifeline: A Temporary Reprieve Amid Financial Turmoil

In a critical move to avert immediate financial collapse, Star Entertainment Group has divested its 50% interest in the nascent Brisbane casino, securing a crucial $53 million. This financial injection comes as...

Iris Capital Moves to Acquire Reef Casino Trust in $130M Takeover Bid

In a bold move to expand its footprint in the Australian casino and hospitality sector, Iris Capital, led by Sam Arnaout, has proposed a significant acquisition of the Reef Casino Trust. This initiative is part...

Australian Court Rejects Aristocrat’s Injunction Against Light & Wonder’s Dragon Train

The Federal Court of Australia has ruled against Aristocrat Leisure Ltd’s request for an interlocutory injunction aimed at preventing Light & Wonder’s Dragon Train slot machines from being available in the ...