Analysts have warned that the Queen’s Wharf integrated resort in Brisbane could be harmed by Queensland’s review into The Star Entertainment Group.<\/p>\n\n\n\n\n\n\n\n
Australia.- The future of the Queen’s Wharf integrated resort in Brisbane will depend on what happens Queensland’s review into the suitability of The Star Entertainment Group<\/a>\u00a0to continue to hold casino licences in the state.<\/p>\n\n\n\n According to analysts, if The Star is deemed unsuitable to continue holding a casino licence, it is unlikely to go ahead with the development of the complex.<\/p>\n\n\n\n Dr Charles Livingstone, a gambling researcher\u00a0and associate professor at Monash University\u2019s School of Public Health and Preventive Medicine, told The Guardian that a casino was an important part of the development.<\/p>\n\n\n\n However, he added that The Star Entertainment Group could get a conditional licence even if it is deemed unsuitable, as happened with\u00a0Crown Resorts in Perth<\/a>\u00a0and\u00a0Melbourne<\/a>.<\/p>\n\n\n\n The Queen\u2019s Wharf Brisbane development is a Destination Brisbane Consortium project, a joint venture led by The Star Entertainment Group and its Hong Kong-based partners, Chow Tai Fook Enterprises and Far East Consortium.<\/p>\n\n\n\n It will include four luxury hotels, 50 new bars and restaurants, a retail area, up to 2,000 residential apartments and the equivalent of 12 football fields of public space. It is expected to host 2,500 slot machines<\/strong>.<\/p>\n\n\n\n In response to the review, The Star Entertainment Group said in a statement: \u201cFurther details, including the terms of reference and timeframes, once considered by the Queensland Cabinet, will be made available as they become known.\u201d<\/p>\n\n\n\n It said it continues to cooperate with relevant regulatory authorities<\/strong>, including the Queensland Office of Liquor and Gaming Regulation and the ongoing review being conducted by Adam Bell SC in relation to The Star Sydney.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Analysts have warned that the Queen’s Wharf integrated resort in Brisbane could be harmed by Queensland’s review into The Star Entertainment Group.<\/p>\n","protected":false},"author":176,"featured_media":28311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The future of the Queen\u2019s Wharf integrated resort in Brisbane is contingent upon the outcome of Queensland's suitability review into The Star Entertainment Group's casino licenses. Analysts warn that if The Star is deemed unsuitable, the multi-billion-dollar development, a joint venture with Hong Kong-based partners, may not proceed as planned, despite the possibility of a conditional license. This regulatory scrutiny highlights significant governance and operational risks for major iGaming and hospitality projects.","focusai_entities":"The Star Entertainment Group, Dr Charles Livingstone, Monash University, Destination Brisbane Consortium, Chow Tai Fook Enterprises, Far East Consortium, Queensland Office of Liquor and Gaming Regulation, Adam Bell SC, Crown Resorts","focusai_location":"Brisbane, Queensland, Australia, Perth, Melbourne, Sydney, Hong Kong","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Star's Financial Exposure?","query":"What is The Star Entertainment Group's current financial exposure and capital allocation specifically tied to the Queen's Wharf Brisbane project, and what are the potential impairment risks if the development is significantly delayed or cancelled due to regulatory findings?"},{"label":"Regulatory Precedent Impact?","query":"How might the specific findings and remedies from the Queensland review of The Star Entertainment Group establish new regulatory precedents for B2C licensing and governance frameworks across other Australian jurisdictions, particularly concerning integrated resort operations?"}],"footnotes":""},"categories":[16336,154,158],"tags":[23911,24103],"class_list":["post-30794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legislation-news","category-slider-home","tag-gambling-regulation","tag-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=30794"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30794\/revisions"}],"predecessor-version":[{"id":30810,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30794\/revisions\/30810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/28311"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}