Feb 10, 2025

Star Entertainment in Talks to Sell Brisbane Stake Amid Financial Struggles

Star Entertainment Group Ltd is engaged in negotiations to offload its stake in a new Brisbane complex to its Hong Kong-based partners. According to a report by Bloomberg, Star's initial offers were deemed too low by the stakeholders. The Australian casino giant is under significant pressure to amass capital following a recent statement regarding its uncertain future amid a cash crunch.

The Brisbane project, which carries a debt burden of A$1.6 billion (about $1 billion), requires substantial financial input for its completion. Star's alliance with Chow Tai Fook Enterprises Ltd. and Far East Consortium Ltd. has yet to yield a satisfactory purchase proposition for its 50% interest. In a regulatory statement on Monday, Star acknowledged receiving multiple offers that failed to reflect 'sufficient value.'

Continuing negotiations are crucial, although Star reiterated its precarious financial state and essential need to secure A$150 million in subordinated debt to unlock a further A$100 million borrowing facility. As per data available from the IndexBox platform, the casino and gaming industry in Australia is projected to grow, underlining the significance of capital influx and successful asset management for Star's ongoing operations.

Star's statement emphasized the uncertainty of concluding negotiations that would substantially uplift its liquidity position. 'In the absence of one or more of those arrangements, there remains material uncertainty as to the group's ability to continue as a going concern,' the company stated.

Source: IndexBox Market Intelligence Platform

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND THE AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Export
- This Chapter is Available Only for the Professional EditionPRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption, by Country, 2022–2024
5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
6. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
7. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
8. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
9. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
10. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
11. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Consumption, by Country, 2024
4. Market Volume Forecast to 2035
5. Market Value Forecast to 2035
6. Products: Market Size and Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports and Growth, By Type
9. Products: Export Prices and Growth, By Type
10. Production Volume and Growth
11. Exports and Growth
12. Export Prices and Growth
13. Market Size and Growth
14. Per Capita Consumption
15. Imports and Growth
16. Import Prices
17. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
18. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
19. Production, by Country, 2024
20. Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
21. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
22. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
25. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
26. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
27. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
28. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
31. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
32. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)