Star Entertainment gets lifeline, to sell Brisbane complex to HK partners

Star Entertainment gets lifeline, to sell Brisbane complex to HK partners

FILE PHOTO: Star Entertainment logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Australia’s Star Entertainment will get A$53 million ($33.41 million) in cash in a deal that includes selling stake in a Brisbane complex to its Hong Kong partners, providing a lifeline that will for now keep the casino operator from falling under.

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