The Queensland government has deferred suspending Star Entertainment Group’s licence until the end of 2024, seven months after announcing the initial 90-day operations ban.
The Star’s operations in Brisbane and the Gold Coast were originally handed a 90-day suspension from December 1 last year.
The government then extended an olive branch by deferring the original trading ban until May 31 this year.
But in a statement posted on the ASX on Friday morning, chairwoman Anne Ward said the state government had offered another lifeline by granting a new deferral to December 20.
“The Star has been advised that this will allow the Queensland government to consider the outcomes of the second Bell inquiry into The Star in NSW and to better assess The Star’s remediation progress before making further decisions,” the statement said.
In 2022, The Star was found unsuitable to hold a casino licence in Queensland after an independent review found there had been “major failings” from the company.
More to come.