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Star Entertainment, Queen’s Wharf Brisbane, Bally’s Corporation, casino debt restructuring, Australia casino industry

Star Completes Brisbane Casino Stake Sale to Ease Debt Burden

Star sells Brisbane stake at fire-sale price to ease debt burden Deal eliminates $1.4bn debt but cuts long-term revenue potential Gold Coast consolidation follows Bally’s-backed rescue and refinancing efforts Star Entertainment (ASX: SGR) has officially disposed of its ownership of the...

Philip Conneller April 1, 2026

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Las Vegas Strip casinos hotel bookings

Diller’s IAC bolsters its MGM stake with $37m share deal

IAC recently boosted its MGM stake by one million shares Barry Diller’s company already owned about 23% of the casino giant The two latest...

Todd Shriber March 31, 2026
Nevada Gaming Control Board sports event contracts

Prediction Market Users Mostly Small, Act Like Day Traders

Median bet size on Polymarket is just $10 Analysis indicates average user on that platform trades 25 times per day That behavior is more...

Todd Shriber March 30, 2026
Hollywood Casino Columbus hotel Penn Entertainment

Penn Poised for Improving Finances in 2026, Says Credit Analyst

Revamping of multiple regional casinos helps the outlook So does an improving picture for the company’s digital gaming unit Lease-adjusted leverage currently resides at...

Todd Shriber March 25, 2026