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BRIEF-Star Entertainment Group says Queensland Government has granted new casino licence to JV entity of Co
October 13, 2016 / 11:32 PM / 10 months ago

BRIEF-Star Entertainment Group says Queensland Government has granted new casino licence to JV entity of Co

Oct 14 (Reuters) - Star Entertainment Group Ltd :

* Queensland Government has granted a new casino licence

* Casino licence will be issued to a joint venture entity of which Star Entertainment Group has a 50% interest.

* Co's share of payment is $77 million, which is expected to be paid to queensland government on or before 27 october 2016

* Grant of casino licence triggers obligation of destination brisbane consortium to make payment of $213 million to Queensland Government Source text for Eikon: Further company coverage:

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