Tag #Casino Crisis

What immediate actions are being taken to address Star Entertainment's financial crisis and the potential job losses of over 8000 employees?

Star Entertainment, facing financial crisis and potential voluntary administration, is in urgent talks to secure over 8000 jobs. The company's shares plummeted 15 percent on Friday, closing at 11¢, down from a previous valuation of \$5 billion. A final decision on its future, potentially involving asset sales or debt refinancing, is expected by Monday.