The Queen’s Wharf Brisbane’s progressive opening is now expected in April 2024, a four-month delay from the previous opening date in December 2023.
The A$2.9bn development will replace Treasury Casino. From an ownership perspective, Star Ent. has 50% economic interest in Queen’s Wharf Brisbane and will also receive a management fee for operating the integrated resort.
SGR needs to trade through $1.17 to reverse the current negative momentum.