Australia's Star Entertainment advances after shareholders approve $195 million rescue package

Shares of casino operator Star Entertainment Group SGR.AX rise 8% to A$0.135

Stock poised to log strongest trading session since June 11, if gains sustain

Star shareholders approve A$300 million ($195.09 million) rescue package, according to a company presentation

Rescue bid led by Bally's Corp BALY.N and the Mathieson family, Star's largest shareholder

Stock down 31.6% YTD, including the day's moves

($1 = 1.5378 Australian dollars)