Destination Brisbane Consortium will deliver a world class integrated resort and entertainment precinct to Brisbane and Queensland and involves three major partners:The Star Entertainment Group (formerly known as Echo Entertainment Group): An Australian listed company that operates Treasury Casino & Hotel (Brisbane), Jupiter’s Hotel & Casino (Gold Coast), and The Star (Sydney). It is the current casino operator in Brisbane with a leading brand and loyalty program as well as VIP relationships in South East Queensland. Chow Tai Fook Enterprises: A private Hong Kong investment company, Chow Tai Fook is one of the largest diversified consumer and hospitality companies in Asia with a proven track record in long-term tourism and infrastructure investments. Chow Tai Fook has significant financial capacity to support large scale international development and highly complementary VIP relationships in Greater China and Asia.Far East Consortium: One of Australasia’s largest developers Far East Consortium has operations in property, hospitality and car parks. It has strong property and hotel development track record and an experienced on the ground Australian development team.In addition to the Consortium partners, affiliate partners will provide further capability in strategic marketing and international VIP tourism and hospitality.
Australia-listed Star Entertainment has been formally granted a new casino license for its Queen’s Wharf Brisbane project. The casino license will be issued to a joint venture entity of which The Star Entertainment Group has a 50 percent interest, said the company in a filing to the Australian Stock Exchange on Friday. The issuing of the license […]