Casino resort investor Hard Rock International said it was not involved in the proposed investment in Australian casino operator The Star Entertainment Group. The group was identified on Monday as part of a consortium that made the takeover offer to the Australian casino company. 바카라사이트윈

"We want to make it clear that Hard Rock International has not participated in any discussions, activities, or negotiations regarding the Star Bid offer and has not been approved," Hard Rock International said in a statement on Monday.

"Hard Rock International has similarly not authorized the use of the Hard Rock brand in relation to bids offered to Star by third parties," it added

The company also said it was "investigating" the matter, adding that it would "pursue all necessary legal action to protect its brand and reputation."

Star Entertainment said in a filing on Monday that it had "received inbound interest from several external parties regarding potential transactions." The Australian-listed company did not identify any parties interested in investing in the company in the filing.

In a filing on Tuesday, Star Entertainment clarified that it had "never received an offer directly from Hard Rock International."

"The company has received inbound interest from a number of outside parties regarding potential transactions, including incomplete and displayable offers from a consortium of investors, including a company called \'Hard Rock Hotels and Resorts (Pacific)," Star Entertainment said.

"The Star confirms that it has not had substantial discussions with the consortium regarding the proposal," it added

The exact identification or ownership of Hard Rock Hotels & Resorts (Pacific) is not clear and is not detailed in Star Entertainment\'s Tuesday filing.

Shares of Star Entertainment fell 2.8% at 11:15 a.m. local time after falling as much as 10% in early trading on Tuesday. On Monday, Star Entertainment\'s stock trading was temporarily suspended.

The company is currently facing regulatory action in the Australian states of New South Wales and Queensland.

The company\'s licence for its flagship Sydney casino in NSW (pictured) has been suspended "indefinitely" since October 2022, subjecting it to state supervision.

Licenses for the company\'s two casinos in Queensland, Treasury Brisbane and Star Gold Coast, were also suspended in December 2022 and placed under state supervision.