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16/05/2026 at 21:08
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17/05/2026 at 01:59
A growing list of restaurants and bars across the precinct including on Sky Deck, and
at The Terrace, where the pedestrian bridge connects to the city are under final fit
outs and will open progressively. The company confirmed months of speculation late on Friday by
confirming the historic site would be sold to
Griffith University for $67.5 million. The deal has been approved by
US casino giant Bally’s Corporation, which
offered Star a $300 million rescue package to stave off administration.
Star Entertainment has salvaged a lifeline deal to offload its stake in the Brisbane Queen’s Wharf development to overseas partners, less than two weeks
after a breakdown in talks. Regulatory and government approvals remain crucial as the company aims to deliver
outstanding outcomes for the community, guests, and team members.
This significant milestone comes after nearly two years of construction delays and challenges faced by
operator Star Entertainment Group. This top-tier facility includes a 20-meter-long bar leading to an outdoor terrace
with views of the Story Bridge.
The company said that it will continue its discussions with
Chow Fai Fook and Far East Consortium to explore a potential sale of its stake in the Brisbane property on acceptable terms but
notes that no transaction is guaranteed. Perched 35 metres above street level,
between the resort’s four towers, The Star Brisbane’s
Leisure Deck is an open-air oasis where drinks are enjoyed on the
grassed terrace’s comfy beanbags under the stars.
The wait is finally over for the $3.6 billon Brisbane riverfront casino precinct after eight years of construction and a 12-month
delay.
Then-Queensland attorney-general Shannon Fentiman appointed Nick
Weeks as special manager to oversee Star after the company was deemed unsuitable to hold a casino licence.
The state government hit Star with $100 million in fines in 2022 following «major failings» at its Queensland casinos in Brisbane and the Gold Coast.
«The heart of that vision starts to come together over the next few days.
Star Brisbane chief executive Daniel Finch declared today the company was progressing well in efforts to satisfy the state government’s standards on anti money-laundering and safe gambling practices. Thursday’s event follows the closure on Sunday of the gaming venue at the Treasury Casino and Hotel Brisbane in Queensland. The young dealer expertly and patiently counts the pile of crisp notes – $5000.
A Queensland government spokesperson said the deal between Star and its joint venture partners — Chow Tai Fook Enterprises (CTFE) and Far East Consortium — was not yet finalised. This week, that was walked back, with Star announcing a new deal had finally been signed. Star has struggled financially amid regulatory inquiries and increasingly tough gaming regulations. The deal still needs to pass regulatory checks and be approved by the Queensland government. The deal will see Star give up its 50 per cent stake in the Queen’s Wharf casino complex. The deal would see Star give up assets, including its 50 per cent stake in the $3.6 billion Queen’s Wharf casino complex, and the Treasury car park and hotel.
Under Queensland law, casino licensees must not have «any business
association» with anyone «not of good repute having regard to character, honesty and integrity or has undesirable or unsatisfactory financial sources».
This included an interest in a Macau company with a longtime friend and business partner of US-sanctioned crime boss «Broken Tooth» Wan Kuok Koi.
An ABC investigation reveals the links between a company with a
major stake in Australia’s most expensive casino venture and notorious organised crime figures in Hong Kong and
Macau. An owner of Brisbane’s new casino maintains business ties with a close friend of US-sanctioned
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Star reported a 10 per cent drop in revenue for Treasury casino in Brisbane – which
still raked in $177.6 million in six months – due to steps taken to deal with problem gamblers, such as exclusions and time
restrictions. Yet damaging inquiries into the Star business and ongoing regulatory requirements have already started to eat away at the revenue the company
makes from gamblers in Queensland. Consortium partners are looking to refinance loans and find enough money to finish tower two (of the five towers
approved for construction). The Queensland government ordered a second investigation, conceding in May this year that CTFE «lacked candour and fulsomeness» in its dealings with the regulator,
which it put down to cultural differences.
The New Jersey Division of Gaming Enforcement named CYT in a report
into the suitability of Ho to operate a casino in that province in 2010, saying
he had «extensive business dealings» with Ho and had been involved in the establishment of VIP rooms
in three different casinos.
At the heart of this new precinct is The Star Brisbane, ready to dazzle with a slew of
new dining spots, bars, and entertainment options.
«Alvin Chau is alleged to be a member of the Macau faction of the 14K triad society and the follower of former 14K leader Wan Kuok Koi (known as Broken Tooth Koi),»
the report said. Mr Ao Ieong is now a director of the CTFE-backed China Diamond and Jewellery Exchange, and sits on the company board alongside
‘Conroy’ Cheng, CTFE’s executive director and vice chairman. In 2013, after the gangster got out of
jail, Mr Ao Ieong transferred company shares
to him.
On 5 April 2016, eligible shareholders were sent a letter together with
a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.
I have been part of the company for over 21 years, serving in various capacities.
The Star Brisbane is home to the five-star The Star Grand Brisbane, a vibrant collection of restaurants and bars, and a state-of-the-art Event Centre –
including Brisbane’s largest hotel ballroom. Positioned at the heart of the multi-billion-dollar Queen’s
Wharf Brisbane precinct, The Star Brisbane commenced its staged opening IN
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18/05/2026 at 09:29
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18/05/2026 at 11:19
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18/05/2026 at 15:04
The casino was originally housed in the historic Treasury Building, which was constructed in the 19th century and served as the
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Swinburne University law and corporate governance specialist Helen Bird
told ABC’s News Channel it seemed «more than likely» the
company would tip into voluntary administration. 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.
Ensuring Brisbane casino doesn’t become an ‘eyesore’ should be a
priority amid Star’s financial woes Star Entertainment said it was «committed to the safety and welfare of our guests and becoming a better company operating with the highest levels of integrity».
The company was hit with $100 million in fines and was told by then-attorney-general
Shannon Fentiman to «get its house in order» or else have its Queensland casino licences temporarily suspended.
Identity verification, cash limits and a compulsory code of conduct for «safer gambling»
are among sweeping reforms to Queensland casinos, passed this week.
Beyond the casino floor, discover diverse dining and nightlife options, all conveniently located in the heart of the city.
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The Treasury casino has social media accounts on Twitter,
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The management of Genting Singapore has named transformation of the casino at Resorts World Sentosa (RWS) as a priority but
added comparisons with the recent gaming performance of Singapore rival Marina Bay Sands (MBS) fail to take into account the…
The Queen’s Wharf development is a joint venture project owned 50% by Star and 25% each by Hong Kong jewelry giant Chow
Tai Fook Enterprises and real estate company Far East Consortium – both of which also have gaming interests elsewhere.
Australia’s Star Entertainment Group has revealed that its long-awaited
AU$3.6 billion (US$2.4 billion) Queen’s Wharf Brisbane development, to be known as The Star Brisbane, will finally open its doors to
the public from 29 August.
Queensland gambling regulator under fire over last week’s decision to grant
new Brisbane casino licence «The latest news once again increases uncertainty for members. We’re seeking further information from the company about this announcement,» he said.
Star has been seeking a financial lifeline, after its cash reserves sank to
$79 million at the end of 2024. The deal has left employees
with questions about the future of their jobs in the precinct.
A show-cause notice on Star’s casino licence
was initially deferred until December 2023, then deferred
again to December this year to allow the company to develop an internal remediation plan. Then-Queensland
attorney-general Shannon Fentiman appointed Nick Weeks as special manager to oversee Star after the company was deemed unsuitable to
hold a casino licence. «The heart of that vision starts to come together over the next few days. Many other facilities are set to open in the weeks and months to come.
Star first entered the deal with its the Hong Kong investors in early March, after months of warnings about its financial future — and prior to the bigger deal struck with Bally’s and the Mathiesons. Last week, Star shareholders separately approved a $300 million rescue deal backed by US casino giant Bally’s and existing investor Bruce Mathieson. Just a few days later, Star reached a deal with US casino giant Bally’s for at least $250 million in exchange for a controlling stake in the company.
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