The company stated it is investigating possible unauthorised use of its brand name.<\/p>\n\n\n\n\n\n\n\n
Australia.-\u00a0Hard Rock International\u00a0has denied rumours of a potential acquisition of\u00a0the Star Entertainment Group\u00a0in Australia.\u00a0 The company said it is not engaged in, nor has it sanctioned, any negotiations or activities related to a bid for the casino operator nor permitted any third parties to use its brand name in connection with a bid.<\/p>\n\n\n\n
The company expressed concern over the use of its name and said it is investigating the matter. It said:\u00a0“We are currently investigating this matter and will pursue all necessary legal actions to protect our brand and reputation.”\u00a0<\/p>\n\n\n\n
Yesterday (May 20),\u00a0the Star Entertainment Group<\/a>\u00a0denied media speculation about an acquisition proposal but said\u00a0it had received preliminary non-binding interest from\u00a0a number\u00a0parties, including from a consortium that\u00a0includes\u00a0Hard Rock Hotels & Resorts (Pacific). It said the interest had been “confidential, unsolicited, preliminary and non-binding.\u201d\u00a0The group remains focused on\u00a0remediation activities in\u00a0New South Wales and Queensland and\u00a0participating in the Bell Two Inquiry<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The company stated it is investigating possible unauthorised use of its brand name.<\/p>\n","protected":false},"author":176,"featured_media":12624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Hard Rock International has unequivocally denied rumors of a potential acquisition of The Star Entertainment Group in Australia, stating it is not engaged in any such negotiations. The company expressed concern over the unauthorized use of its brand name by third parties in connection with a bid and is investigating the matter, vowing legal action. This follows The Star's acknowledgment of preliminary, non-binding interest from a consortium, which it noted included 'Hard Rock Hotels & Resorts (Pacific)', while remaining focused on its ongoing remediation activities and the Bell Two Inquiry.","focusai_entities":"Hard Rock International, The Star Entertainment Group, Hard Rock Hotels & Resorts (Pacific)","focusai_location":"Australia, New South Wales, Queensland","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.8), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Star's regulatory impact?","query":"What is the projected impact of The Star Entertainment Group's ongoing remediation activities and the Bell Two Inquiry on its operational licensing and financial performance?"},{"label":"Brand protection strategy?","query":"What specific legal and governance frameworks will Hard Rock International leverage to protect its brand integrity against unauthorized use in M&A speculation?"}],"footnotes":""},"categories":[16336,157],"tags":[23871],"class_list":["post-777015682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777015682"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015682\/revisions"}],"predecessor-version":[{"id":777015694,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015682\/revisions\/777015694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12624"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}