Star Entertainment 'not out of the woods’ despite Bally’s Corp takeover
Inside Asian Gaming CEO Andrew W Scott says Star Entertainment is not “out of the woods” after US company Bally’s Corporation agreed to take over the casino for $300 million.
“It’s certainly not out of the woods, they’re a long way to go before we can say that,” Mr Scott said.
“They definitely got a few hoops to jump through, they’ve got to get the shareholders to agree to their deal, although I don’t think the shareholders have got a great deal of choice.
“I think probity wont be a problem, they run 19 casinos at the moment throughout the US, they just picked up one in the UK.
