NewsBite

Star’s partners threaten to walk away from Brisbane casino deal

Star Entertainment’s Hong Kong investors have threatened to walk away from a deal for Brisbane’s new Queen’s Wharf casino and hotel complex in a move that would again put the struggling casino group under extreme financial pressure.

Hong Kong’s Chow Tai Fook Enterprises and Far East Consortium, which each own 25 per cent of the Brisbane complex, said in March they would buy Star’s 50 per cent stake as well as the Treasury hotel and carpark.

Loading...
Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

Read More

Latest In Gaming & wagering

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/games-and-wagering/star-casino-s-partners-threaten-to-walk-away-from-brisbane-casino-deal-20250630-p5mbad