Australia’s Star inks $3B casino project in Brisbane, SkyCity posts close to $114M in annual profit

It’s all systems go for the Star Entertainment Group’s $3-billion casino resort project in Brisbane.

Matt Bekier, chief executive at the newly renamed Star Entertainment Group, announced that they have signed development agreements with the Queensland government, The Australian reported.

The Brisbane development, which is still subject to planning approvals, will feature a 1,100-room premium hotel, residential apartments and a casino, among other facilities, according to the report.

Last July, the Star Entertainment Group—formerly known as Echo Entertainment—beat rival James Packer’s Crown Resorts’ bid to build a new casino in the Queens Wharf site.