US Edition
Star Seals Deal to Sell Queen’s Wharf Casino to HK Partners
- Star Entertainment Group has signed a deal to sell its share of Queen's Wharf Casino in Brisbane to Chow Tai Fook Enterprises and Far East Consortium Limited, effective under a binding agreement.
- The transaction includes transferring other Brisbane assets and interests held by Star to the joint venture partners.
- The deal will be completed in two stages, with the exit from Queen's Wharf happening before November 30, and remaining assets being finalized in late 2026.
- Star's plans to sell its share have been ongoing since March, amid significant operational costs and financial challenges.
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IAG’s Andrew W Scott discusses Star’s Brisbane casino sale with Australia’s Sky News
Inside Asian Gaming’s Vice Chairman and CEO, Andrew W Scott, appeared on Australia’s Sky News on Tuesday to discuss the deal by Star Entertainment Group to offload its Queen’s Wharf Brisbane integrated resort assets to its partners, Chow Tai Fook and Far East Consortium. Andrew explains some of the finer details of the deal, how it is viewed by Star’s incoming owner Bally’s Corp and what it means for the company’s financial position moving forwa…
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Total News Sources11
Leaning Left3Leaning Right3Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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