Star Entertainment Exits Queen’s Wharf Brisbane for $18M Annual Fee Plus Upside
The Star Entertainment Group is a leading Australian integrated resort and entertainment company, operating premier properties in Sydney, Gold Coast, and Brisbane. With a portfolio that includes world-class casinos, hotels, restaurants, and entertainment venues, the company has established itself as a significant player in the hospitality and gaming industry. Their properties attract over 1 million guests each year, offering luxurious experiences across multiple destinations.
The company’s strategic focus extends beyond gaming, encompassing a comprehensive approach to hospitality and entertainment. They have invested heavily in property transformations, such as the $850 million redevelopment of The Star Gold Coast, which has positioned them as a major tourist attraction. Their properties are not just gambling venues, but integrated resorts that offer dining, entertainment, accommodations, and premium experiences for both local and international visitors.
The Star Entertainment Group is also committed to corporate responsibility, emphasizing sustainability, community partnerships, diversity and inclusion, and responsible gambling practices. They have ongoing major development projects like the Queen’s Wharf Brisbane precinct, which demonstrates their long-term vision for growth and commitment to creating innovative, world-class entertainment destinations. With multiple properties and a strong focus on guest experience, the company continues to evolve and shape Australia’s entertainment landscape.