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AAP
AAP
Business
Jack Gramenz

Falling Star offered $650m lifeline for ailing casinos

Entertainment Star Entertainment Group
A US firm has offered Star Entertainment Group a $650 million, five-year funding proposal. (Dan Himbrechts/AAP PHOTOS)

Embattled casino operator Star Entertainment Group has been offered a five-year financial lifeline worth $650 million after a series of bruising battles with regulators over scandals at its venues.

The proposal would require approval from the NSW and Queensland governments, and would still leave the company short of funds before the deal kicked in.

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