Star Entertainment has found a lifeline for now but casinos face long-term problems

US casino group Bally, which has been “sniffing around” Star Casino for several months, launched a last-minute bid to Star’s directors, offering $250 million for a controlling stake in the company and saying it’s also open to "a larger transaction". More from ABC News.

This offer from Bally's was presented as an "alternative path" to the $50 million lifeline obtained from its Hong Kong investors. More from 9 News.