Star Entertainment Seals Deal to Exit Brisbane Casino Operations
Star Entertainment Group has reached a binding agreement to sell its 50% interest in Brisbane’s $3.6 billion Queen’s Wharf development, paving the way for the company’s withdrawal from both ownership and management of the city’s casino. The deal, struck with long-standing Hong Kong partners Chow Tai Fook Enterprises (CTFE) and Far East Consortium (FEC), follows weeks of uncertainty after a previous […]
Star Entertainment Group has reached a binding agreement to sell its 50% interest in Brisbane’s $3.6 billion Queen’s Wharf development, paving the way for the company’s withdrawal from both ownership and management of the city’s casino. The deal, struck with long-standing Hong Kong partners Chow Tai Fook Enterprises (CTFE) and Far East Consortium (FEC), follows weeks of uncertainty after a previous […]
