Star Entertainment close to deal to sell Brisbane casino and stay afloat

Regulatory Compliance and Trust As a licensed Australian casino operator, The Star adheres to strict regulatory standards set by state gaming authorities. Upon registration, members typically receive around $20 in gaming credits to explore the casino’s offerings, along with potential meal vouchers for participating restaurants within the complex. Welcome Benefits New members joining The Star Club receive welcome rewards including complimentary gaming credits and dining experiences. The Star Casino stands as one of Australia’s most iconic gaming and entertainment destinations, operating premier venues in Sydney, Gold Coast, and Brisbane. “I don’t think Star ceases to operate as a business but the capital structure and underlying ownership would change in a voluntary administration scenario,” he said. With the Salter deal off the table, Star said it was now focused on securing a deal with US firm Bally’s, which was first proposed in early March.
Bruce Mathieson, candy96.fun who operates poker machine and pub empire Australian Liquor and Hospitality with Woolworths, holds about a 10 per cent share in Star and has been interested in buying the Gold Coast casino. Earlier this month Star confirmed its partners in the Queen’s Wharf facility — Chow Tai Fook Enterprises (CTF) and Far East Consortium (FEC) — have offered to buy out its share. United Workers Union casinos director Andrew Jones said there was growing frustration amongst staff towards Star’s “business as usual” approach. Mr Hughes said Star would likely look to shore up some of its stronger assets, including the Brisbane casino, ahead of the 2032 Olympics. Its shares plummeted by more than 15 per cent after the trading halt was lifted on Friday morning.
The Star Club Loyalty Program The tiered loyalty program ranges from Silver to Diamond status, allowing members to accumulate points through gaming activities, dining purchases, and hotel stays. The Star Casino Australia in 2025 offers a comprehensive rewards program through The Star Club, providing members with various benefits and promotional opportunities designed to enhance their gaming experience.
Shares in struggling casino giant Star Entertainment have plummeted after a brief trading halt was lifted, as the company searches for a financial lifeline by the end of the day. The casino giant said it was anticipating a funding deal on Friday which it would consider, but again warned of the possibility of facing financial collapse. Star, which operates casinos in Brisbane, the Gold Coast and Sydney, entered a trading halt before the Australian share market opened on Friday after failing to post its half-year financial results. He said the public could have “no confidence” in a casino owner that had failed to disclose business dealings with organised crime figures. Embattled casino operator Star Entertainment confirmed its partners in the Queen’s Wharf facility — Chow Tai Fook Enterprises (CTF) and Far East Consortium (FEC) — have offered to buy out its share.
It features over 100,000 sqm of poker tables, table games, dice games, gaming machines and more spread over two expansive levels. The Star is a gigantic entertainment hub in Darling Harbour stacked with a selection of Sydney’s best restaurants, bars, hotels and events. Star Entertainment is falling into deeper financial trouble and its pockets are empty. “If the Queen’s Wharf deal falls over, we will return to the situation of Star Entertainment having to fund 50 per cent of the completion of the Queen’s Wharf complex.
The first 12 episodes of the 2005–2006 Australian television series Joker Poker was filmed in a private gaming room at the casino. The Star has a large variety of restaurants including five star fine dining. As in most casinos, the gaming floors of the venue are constantly monitored by a security camera system. The Star provides a selection of electronic gaming machines, including slot machines, bingo, rapid roulette and video poker machines. The pit typically required three dealers and two games supervisors, consequently management felt that returns were not as high as they could be and with Tabcorp insisting on large reductions in overheads and increased profit, this iconic game was closed.