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Heavyweight Star investors land in Brisbane as casino teeters on brink

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Star Entertainment’s Hong Kong investors are in Queensland to discuss the future of the casino giant’s new Brisbane precinct as chief executive Steve McCann attempts to save the business from collapse.

Among the options being assessed by Star and the investors – Chow Tai Fook Enterprises and Far East Consortium – include the sale of more of the ASX-listed company’s stake in the Queen’s Wharf development.

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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

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    Original URL: https://www.afr.com/companies/games-and-wagering/star-warns-cash-options-may-not-be-enough-to-stay-afloat-20250120-p5l5pt