In spite of its financial difficulties, the Star Entertainment Group is expected to get additional support from its lenders. The massive Australian casino and hospitality company has received an offer of AUD 150 million to address the problems and stabilize its operations.
For background, Treasury Brisbane was closed and The Star Entertainment recently opened a new casino in Brisbane. But Queens Wharf Brisbane, the company's new property, hasn't yet acquired the traction or generated enough profit the company had hoped for.
For background, Treasury Brisbane was closed and The Star Entertainment recently opened a new casino in Brisbane. But Queens Wharf Brisbane, the company's new property, hasn't yet acquired the traction or generated enough profit the company had hoped for.