Queen’s Wharf job fears as Star seeks approval for casino deal

“At the core of the issue is the transfer of a major casino licence to a new ownership structure,” he said. Mr Hughes said the deal’s success — and a lifeline for Star — hinges on getting the “green light” from regulators. “The deal takes a huge debt pile off its books and signals a clear shift in focus.” Griffith University Business School’s Graeme Hughes said the deal would come as a relief to Star Entertainment if approved. The deal still needs to pass regulatory hurdles before it’s finalised.
By the time its new Brisbane casino opened on August 29, 2024, that had plummeted to 57 cents a share, making it difficult for the company to raise funds and keep its new business operating. In all, the casino, four hotels, retail venues and restaurant spaces would cost an estimated $3.6 billion — Queensland’s biggest ever infrastructure project. If you missed the opportunity to buy off the plan, now is the time to explore available resale apartments at Queen’s Wharf Residences. For buyers looking to secure a foothold in the city’s future, Queen’s Wharf Residences is more than a home, it’s a destination.
That announcement marked the beginning of a turbulent five months, during which those same partners announced they would terminate the agreement. 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. The company has told investors it has made a deal with its Hong Kong partners, surrendering its share in Queens Wharf. “We have a generational opportunity to redefine tourism, hospitality and entertainment for the city and with that comes considerable economic and community benefits, not only for Brisbane but for Queensland’s tourism economy more broadly. The precinct brings together world-class hotels, dining, gaming, retail and vibrant public spaces. “We have a generational opportunity to redefine tourism, hospitality and entertainment for the city and with that comes considerable economic and community benefits, not only for Brisbane but for Queensland’s tourism economy more broadly.
I have been part of the company for over 21 years, serving in various capacities. The Leisure Deck features an Event Deck, expansive lawn area for sunset picnics and exclusive resort amenities overlooking the city skyline. Perched 37 metres above street level, a 12,000sqm open-air Leisure Deck delivers an impressive mixed-use space for hotel guests and the public to enjoy. The Star Brisbane features the 5-star The Star Grand luxury hotel, and offers an exciting array of new restaurants, bars and entertainment experiences and the property’s state-of-the-art Event Centre which is home to Brisbane’s largest hotel ballroom. The union said its members had continued to show up while Star “blundered from disaster to disaster”, at times without the guarantee of pay at the end of the week.
The Trans and gender-diverse communities are starting to feel vulnerable, so let’s continue to work on making The Star a safe and inclusive place for everyone, esp., for trans and gender-diverse team members. Without the dedication of the Proud team, we would never have been able to achieve what we had. It was an absolute joy to see the collaboration from all the stakeholders and how their team welcomed them with open arms. Secondly, I was invited to help reintroduce a team member who was affirming their gender to their department. In turn, I aspired to be that source of encouragement and affirmation for others, fostering an environment where authenticity is celebrated and safeguarded. My journey with Spectrum/Proud began during the marriage plebiscite, a time that placed the LGBTQI+ communities under intense scrutiny.
Brisbane’s resort and casino precinct Queen’s Wharf opened in August 2024 but faced financial woes before and after. More than just a building, it’s a gateway to a world-class lifestyle, one that blends luxury living with direct access to the city’s best experiences. Whether you’re looking for a luxury city home or a premium investment in one of Brisbane’s most connected locations, these residences represent unmatched value and potential. The ongoing activation of the Queen’s Wharf precinct, combined with Brisbane’s strong property fundamentals and Olympic momentum, make this an exceptional investment opportunity.
A multibillion-dollar American casino company’s attempts to introduce its brand to Australia may have come unstuck, thanks to a small suburban bowls club. The contract to build Brisbane’s new inner-city Neville Bonner Bridge pedestrian bridge… A development application has been submitted by Destination Brisbane Consortium for a… Locals and visitors will have the opportunity to experience Queensland’s capital from… “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 will see Star give up its 50 per cent stake in the Queen’s Wharf casino complex. Star told investors on Tuesday morning it had finally signed a deal with its Hong Kong partners — including one which was once linked to organised crime figures. A Queensland government spokesperson says the deal is subject to government approval. Brisbane’s resort and casino precinct Queen’s Wharf has faced financial woes. “My priority is to work closely with our expert team and precinct partners to drive operational excellence and regulatory compliance, pioneer innovative guest experiences, and deliver measurable value.”