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    Chow Tai Fook denied having any “agreements, directorships or business relationships” with
    the Vietnam casino. The US company gained a 38 per cent stake in Star last week through a $300 million investment and
    is pushing for a more unified strategy across the group’s Queensland assets.
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    Sky Deck, Australia’s newest sky-high playground, will soar
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    grand-scale occasions, The Star Brisbane delivers a
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    Signature features include Sky Deck, a breathtaking rooftop
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    Spanning 2,000m² (21,527 sq ft), the soundproofed venue
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    Pompette, a chic champagne bar and restaurant on The Terrace
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    Despite this, Star remains involved in negotiations with its partners and other stakeholders, with
    all sides aiming to reach a binding agreement by the end of the month.
    In addition to the looming sale deadline, the company faces a potential AU$400
    million fine from regulators over past misconduct—a penalty that could push it toward insolvency.
    However, escalating construction costs—now AU$1 billion over budget—and mounting
    debts exceeding AU$1.4 billion have turned it into a financial strain for the company.
    Failure to do so would trigger financial penalties,
    including the loss of AU$36.5 million and the forfeiture of a third payment tranche
    and key real estate assets such as a 33.3% share in Tower 1.

    Time is running short for Star to conclude a long-form sale
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    “This was meant to free up around $700 million in debt and $212 million in future contributions, making Star more asset-light and boosting its liquidity,”
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    keep the rights to operate the casino. In January this year,
    the company told the ASX it had just $79 million left in available cash and
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    “Queen’s Wharf became a drain because, as a 50 per cent joint venture, Star was on the hook for huge capital contributions and a big chunk of the project’s $1.4 billion debt,” Graeme Hughes from Griffith University’s business
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    We’re one of Australia’s largest entertainment groups with its core
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