Oceania Casino News

Bally’s Bold Strategy: A $250 Million Bid for Star Entertainment’s Revival

Johnny K.
U.S.A., Australia, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Mergers, Acquisitions & Partnerships
In a recent move to consolidate its position in the global casino market, Bally’s Corporation has extended a $250 million recapitalization offer to Australia's Star Entertainment. This bid, aimed at acquiring a...

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

Vanja Mitic
Casino Sales, Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Financial Press Releases
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

Vanja Mitic
Casino Sales, Casino Destinations, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Oceania Casino News, Mergers, Acquisitions & Partnerships
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

Johnny K.
U.S.A., Latest Casino and Gambling News, Australia, World Casino News, North America Casino News, Gaming Industry News, Game manufacturers, Oceania Casino News, Fines, Lawsuits & Litigation
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 ...