Australia's Star Casino Shareholders Approve $195mn Rescue Package

Australia's Star casino shareholders approve $195mn rescue package

SYDNEY (Reuters) -- Star Entertainment Group's shareholders approved on Wednesday a 300 million Australian dollar ($195 million) rescue package that w

Landis+Gyr Shareholders Approve All Proposals

CHAM, Switzerland, June 26, 2025 /PRNewswire/ — Yesterday, the Annual General Meeting of the Landis+Gyr Group AG (SIX: LAND) took place in Steinhausen, Switzerland. The Meeting approved all the Board’s proposals and elected Audrey Zibelman as the new Chair of the Board of Directors. 218 shareholders (including proxies) attended the Meeting, representing 57.39% of the issued share capital. After […] The post Landis+Gyr Shareholders Approve All Pr…

Star Entertainment approves Bally’s rescue deal

Star Entertainment Group has received overwhelming shareholder approval for a critical A$300 million rescue plan, offering a financial lifeline to the struggling Australian casino operator. At a shareholder meeting held on 25 June, over 99% of votes supported the proposal, according to filings with the Australian Securities Exchange (ASX). The capital raise is led by Bally’s Corporation, a U.S.-based casino operator, in partnership with Investme…

Star Entertainment Group shareholders give approval to AU$300 million Bally’s rescue package

Star Entertainment Group shareholders have overwhelmingly voted in favor of an AU$300 million (US$195 million) rescue proposal by US casino operator Bally’s Corp and local investor Investment Holdings. At a General Meeting held on Wednesday morning, 99.36% of eligible shareholders gave their approval for the acquisition of relevant interests by Bally’s Corp and 99.17% for the acquisition of relevant interests by Investment Holdings. They also ap…

The Star shareholders approve $196M rescue package from Bally’s Corp and Investment Holdings

Shareholders of Australia’s second-largest casino operator The Star Entertainment Group have voted in favor of a $196 million package that could save the company from falling into bankruptcy. The post The Star shareholders approve $196M rescue package from Bally’s Corp and Investment Holdings first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Australia’s Star casino shareholders approve A$300 million rescue package

Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the embattled Australian casino group to remain operational, according to a company presentation.