Chow Tai Fook Enterprises and Far East Consortium each hold a 25% stake, while Star Entertainment controls the remaining 50%. The owners are finalizing the acquisition of Star’s stake, paving the way for a new operator. While negotiations are ongoing, Crown Resorts is the frontrunner, marking its first foray into the Queensland market. This move follows Crown’s remediation and restructuring after facing significant regulatory scrutiny in recent years.
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