Australia's renowned gambling giant, casino operator Star Entertainment Group (hereinafter referred to as Star), is currently in a severe financial crisis, with its capital chain at risk of breaking at any moment.Star has already notified lenders that the company's cash reserves might last only one
Star Entertainment is facing financial and operational challenges, as daily gambling revenue at its Sydney casino plummeted by 15.5% in the wake of cash gambling restrictions. The decline in revenue follows the introduction of carded play requirements and AUD5,000 ($325,600) cash limits in select ar
Isaac Sidney, president of the Brazilian Federation of Banks, explained that the spending of gamblers can lead to an increase in credit risk variables and default cases.Brazil.- The banking sector is concerned about the impact of betting on family indebtedness, said Isaac Sidney, president of the Br
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