Australia's Star Entertainment says no deal yet over Brisbane casino with HK shareholders

Far East Consortium International

07/03/2025 24:14

March 7 (Reuters) - Star Entertainment SGR.AX on Friday said it has not yet reached an agreement over selling 50% stake in its Brisbane joint venture to its Hong Kong-based shareholders.

The Australian Financial Review had reported that the embattled casino operator will offload its newly-opened Brisbane casino and entertainment complex as part of a deal with Chow Tai Fook Enterprises and Far East Consortium 0035.HK.

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Varun H K)

 ((Rishav.Chatterjee@thomsonreuters.com;))