Current proposal worth at least A$250 million Bally's would take 50.1% via convertible notes under proposal Bally's very open to discussing larger transaction Star weighing Bally's proposal ...

SYDNEY—American betting and entertainment company Bally’s has offered to provide embattled Australian casino operator Star Entertainment SGR-15.38%decrease; red down pointing triangle with ...

However, on Monday Star disclosed a rival rescue proposal from the US-based gambling, betting and entertainment company Bally’s Corporation, chaired by a Soo Kim, a hedge fund manager.

When a business is in trouble, some people spy an opportunity. Soo Kim is the chair of the US casino giant Bally's and is offering a financial lifeline to cash-strapped Star Entertainment.

US gaming giant Bally's has made an unsolicited approach to Star Entertainment, offering at least $250 million in funding for the firm in exchange for a controlling stake. Star has been seeking a ...

SYDNEY--American betting and entertainment company Bally's has offered to provide embattled Australian casino operator Star Entertainment with additional financing, in a deal that could help Bally ...