Bally’s Corporation has reaffirmed its commitment to supporting the turnaround of Australia-listed casino operator The Star Entertainment Group, highlighting the investment in its preliminary fourth-quarter and full-year 2025 results.
In a press release accompanying the announcement, the US-based gaming group said its international expansion in 2025 included an investment in Star, described as Australia’s second-largest casino operator with three properties that had faced financial distress.
Bally’s noted that, in the fourth quarter, Australian regulators confirmed the company’s suitability in relation to its investment in Star. Following the regulatory clearance, Bally’s converted its loan exposure into a 38 percent equity interest in the company.
‘With a proven track record of revitalizing underperforming businesses, Bally’s is excited to lend its expertise to Star and contribute to its successful turnaround as a leading operator in the Asia-Pacific region,’ the company said in the statement.
The Star operates three major casino resorts in Australia: The Star Sydney, The Star Gold Coast in Queensland, and Treasury Brisbane.
The update was included in Bally’s preliminary results release, which showed its Casinos & Resorts segment revenue reaching $366.2 million in the fourth quarter, up 12.9 percent year-on-year, partly driven by the addition of new properties.
The company said its diversified portfolio of casino, resort and digital gaming operations continued to support overall performance during the period.
