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Star Faces $36.5m Blow if Queen’s Wharf Deal Flops

  • Bally’s Corporation aims to retain control of Star Entertainment's Queen’s Wharf precinct in Brisbane amidst disputes over operations with its partners.
  • Star Entertainment extended the deadline to avoid collapsing its Queen’s Wharf deal, which may cost them financially.
  • If the deal is not finalized by July 31, Star will repay $10 million to Chow Tai Fook Enterprises and Far East Consortium.
  • Star also needs to reimburse $26.5 million in contributions made to the casino, as negotiations for the deal continue.
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Australian Financial Review broke the news in Sydney, Australia on Sunday, July 6, 2025.
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