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The Star Secures $18M Annual Fee After Exiting Destination Brisbane Consortium

9:16am on Wednesday 1st of April, 2026 AEDT Consumer Discretionary
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The Star Secures $18M Annual Fee After Exiting Destination Brisbane Consortium

9:16am on Wednesday 1st of April, 2026 AEDT
Key Points
  • Completion of Stage 1 disposal of DBC interest
  • New fixed $18 million annual casino operator fee plus performance incentives
  • Release of The Star’s guarantee under Queen’s Wharf debt facilities
  • Stage 2 involving remaining Brisbane and Gold Coast assets expected by March 2027
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