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By SectorWire desk · · Updated
Queensland’s government again postponed the suspension of The Star Gold Coast’s casino licence on 24 September. The latest deferral lasts six months.
The six-month deferral postpones The Star Gold Coast’s casino licence suspension again.
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The Star Sydney could regain licence control subject to conditions, continued monitoring and a possible further suitability assessment.
The NICC’s suitability decision keeps The Star Sydney under a manager until mid-2027.
The Star Sydney could regain its casino licence within weeks, but any return would carry conditions.
Existing jersey sponsorship contracts could continue until December 2031, while domestic lottery operators would receive an exemption.
Fitch’s assessment separates the acquisition’s credit effect from the ongoing AUSTRAC investigation.