The Inside Asian Gaming CEO, Andrew W Scott, indicates that Star Entertainment is still facing challenges despite the agreement from US firm Bally’s Corporation to acquire the casino for $300 million. He suggests they are not "out of the woods" yet.
"It’s definitely not clear yet; they still have a long journey ahead of us before we can declare everything okay," Mr Scott stated.
They certainly have some hurdles to overcome as they need the shareholders' approval for their agreement. Though, I doubt the shareholders have much of an alternative.
I believe integrity won’t be an issue since they currently operate 19 casinos across the US and have recently acquired one in the UK.
