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Star Entertainment will sell its leasehold interest in the casino building for $45 million, Reuters reported

(Reuters) – Star Entertainment said on Friday its unit would sell its leasehold interest in Queensland’s Treasury Brisbane Casino building for A$67.5 million ($45.5 million).

© Reuters. FILE PHOTO: The Star Entertainment logo is seen in this illustration taken April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

The casino operator added that the sale was subject to conditions, including government approval and the granting of a new lease in an appropriate form.

($1 = 1.4852 Australian dollars)

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