From d336a43efcad27ed1288dab594cd4e40e094b51b Mon Sep 17 00:00:00 2001 From: Broderick Gatlin Date: Sun, 23 Nov 2025 04:52:36 +0800 Subject: [PATCH] Add Multiple red flags: ASICs court case against Star executives shows the risks of complacency --- ...e-against-Star-executives-shows-the-risks-of-complacency.md | 3 +++ 1 file changed, 3 insertions(+) create mode 100644 Multiple-red-flags%3A-ASICs-court-case-against-Star-executives-shows-the-risks-of-complacency.md diff --git a/Multiple-red-flags%3A-ASICs-court-case-against-Star-executives-shows-the-risks-of-complacency.md b/Multiple-red-flags%3A-ASICs-court-case-against-Star-executives-shows-the-risks-of-complacency.md new file mode 100644 index 0000000..fd29822 --- /dev/null +++ b/Multiple-red-flags%3A-ASICs-court-case-against-Star-executives-shows-the-risks-of-complacency.md @@ -0,0 +1,3 @@ +
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Star Casino shares face an uphill battle as the company struggles with regulatory fines, lightning-fast cash burn, and [blackcoin.co](https://blackcoin.co/explore-the-worlds-biggest-source-of-information-about-online-casinos/) declining financial performance. Investors have punished the casino's share price for the last several years now, with recent price action bringing the stock to around its lowest levels on record. By February of 2025, it was reported by Sky News Australia that Star Entertainment "could enter administration within a week". The company has been unable to secure enough cash to offset it’s liquidity crisis. The company would need an immediate cash injection in order to remain solvent. Later that month Oaktree Capital Management offered a $650 million loan to help refinance the company's debt. +
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