Star gambled on high rollers in Brisbane, now it's losing its shirt to its Chinese partners

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The new facility’s promoter said that the first-phase opening of Queen’s Wharf added 340 hotel rooms to Brisbane’s accommodation inventory, with the first guests checking in to The Star Grand hotel on Thursday morning. Thursday’s event follows the closure on Sunday of the gaming venue at the Treasury Casino and Hotel Brisbane in Queensland. The first phase of the multi-phased opening "commenced overnight," said the complex’s promoter in a Thursday announcement. The Star Brisbane, a long-anticipated new casino resort, opened its facilities on Thursday (August 29), as part of the phased opening of the AUD3.6-billion (US$2.5-billion) Queen’s Wharf Brisbane scheme (pictured) in Brisbane, in the state of Queensland in Australia. The government had initially decided to slap a 90-day ban on both casinos in December 2023 but has delayed the suspension until the end of 2024 as the state government awaits the outcome of a NSW inquiry. The Queensland government fined the Star in Brisbane and the Gold Coast $100 million in 2022 after a review found the casinos had "major failings" in anti-money laundering attempts and responsible gaming efforts.

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