Star Entertainment nears collapse as cash to last until end of week, ABC reports

Show Media and Entertainment Publications

Fri, March 7, 2025

[ Fri, Mar 07th ]: MovieWeb

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[ Fri, Mar 07th ]: MassLive

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[ Fri, Mar 07th ]: Newsweek

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[ Fri, Mar 07th ]: Newsweek

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[ Fri, Mar 07th ]: Glamstar

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[ Fri, Mar 07th ]: LiveLaw

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[ Fri, Mar 07th ]: MSN

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[ Fri, Mar 07th ]: Metro

Britney Spears sparks concern with post about drinking habits to deal with 'abuse'

[ Fri, Mar 07th ]: pinkvilla

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[ Fri, Mar 07th ]: Deadline

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[ Fri, Mar 07th ]: Mint

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[ Fri, Mar 07th ]: People

All About "The King of Queens" Star Patton Oswalt's Daughter Alice

[ Fri, Mar 07th ]: AOL

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[ Fri, Mar 07th ]: MSN

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[ Fri, Mar 07th ]: Oneindia

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[ Fri, Mar 07th ]: LancasterOnline

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Thu, March 6, 2025

[ Thu, Mar 06th ]: DualShockers

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[ Thu, Mar 06th ]: pinkvilla

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[ Thu, Mar 06th ]: NDTV

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[ Thu, Mar 06th ]: CNET

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[ Thu, Mar 06th ]: legit

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[ Thu, Mar 06th ]: People

Cooper Alan Took the Expected Route with His Musi .. TikTok Completely Changed Everything (Exclusive)

[ Thu, Mar 06th ]: Yahoo

SXSW 2025 Preview: Blake Lively, Seth Rogen, UFO doc 'The Age of Disclosure'

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[ Thu, Mar 06th ]: Yahoo

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[ Thu, Mar 06th ]: Forbes

2025's AI Video Showdown: Comparing Google Veo 2 And OpenAI Sora

[ Thu, Mar 06th ]: PennLive

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[ Thu, Mar 06th ]: Forbes

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[ Thu, Mar 06th ]: MovieWeb

Disney Laying Off 200 ABC Employees, Cutting News Operations Like 538

[ Thu, Mar 06th ]: Reuters

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[ Thu, Mar 06th ]: NDTV

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Wed, March 5, 2025

[ Wed, Mar 05th ]: Couriermail

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[ Wed, Mar 05th ]: legit

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[ Wed, Mar 05th ]: Mint

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[ Wed, Mar 05th ]: AOL

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[ Wed, Mar 05th ]: legit

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[ Wed, Mar 05th ]: Mint

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[ Wed, Mar 05th ]: Yen

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[ Wed, Mar 05th ]: Tuko

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Tue, March 4, 2025

[ Tue, Mar 04th ]: Reuters

Disney to cut nearly 6% staff across units, WSJ reports

[ Tue, Mar 04th ]: Variety

Disney's Dana Walden on New Ways to Reach Kids, S .. ernational Expansion and What's Next for 'Shogun'

[ Tue, Mar 04th ]: TechRadar

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After viral 'drunk' national anthem, Ingrid Andress returns to sing 'Star-Spangled Banner'

[ Tue, Mar 04th ]: bleedingcool

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Star Entertainment nears collapse as cash to last until end of week, ABC reports

//media-entertainment.news-articles.net/content/ .. -cash-to-last-until-end-of-week-abc-reports.html

Published in Media and Entertainment on Wednesday, March 5th 2025 at 0:44 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Australia's Star Entertainment could fall into administration as early as Wednesday and has hardly enough cash to last until the end of the week, the Australian Broadcasting Corporation reported.

The Star Entertainment Group, an Australian casino operator, is reportedly on the brink of collapse with its cash reserves expected to last only until the end of the week, according to ABC News. The company has been struggling with regulatory issues, including a second inquiry into its Sydney casino operations, which has led to a significant drop in its share value. The situation has been exacerbated by the need to repay $800 million in bonds due in July, and the company has been in discussions with the New South Wales state government to potentially extend its casino license. Amid these financial and operational challenges, Star Entertainment has also been dealing with the fallout from a money laundering scandal, which has further strained its resources and reputation.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/star-entertainment-nears-collapse-cash-last-until-end-week-abc-reports-2025-03-04/ ]

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