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flag Star Entertainment, an Australian casino firm, considers $650M aid from Oaktree to avoid insolvency.

flag Star Entertainment Group, an Australian casino operator facing severe financial difficulties, is considering a $650 million financial aid offer from US firm Oaktree Capital Management. flag The proposal, subject to government approvals, aims to help the company avoid insolvency amid declining revenues and ongoing scandals. flag Star Entertainment has been struggling with a money-laundering scandal and regulatory issues, leaving it with limited cash reserves. flag The deal, if approved, would provide much-needed financial support but would still require additional funding from Star Entertainment.

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