Casino giant’s fresh financial woes
The operators of Star Casino have reportedly told the market they are reviewing their liquidity position following days of silence after being suspended from trading.
The Star Entertainment Group was delisted by the ASX on Monday after it breached reporting conditions by failing to lodge its financial accounts for the past financial year.
The gaming giant reportedly said at the time it was still assessing its financial outlook amid reports it was pleading with banks, governments and investors for money.
The Star told the ASX late on Wednesday that it had engaged “various advisers … in relation to its liquidity position in light of adverse trading and other conditions”.