The Star Gold Coast casino has received a temporary reprieve as Queensland officials defer the planned 90-day gaming license suspension that was set to begin December 20, 2024. The government will make a final decision by March 31, 2025, on whether to proceed with the suspension or lift it entirely.

Queensland Attorney General Deb Frecklington emphasized that this deferment will allow more time to evaluate the casino's remedial actions in addressing previous compliance issues. The postponement follows similar regulatory actions in New South Wales, where The Star Sydney avoided license suspension by paying AU$115 million in total fines.

Star Entertainment continues to face significant business challenges across its three properties:

• The Star Sydney: Generated AU$877.5 million in revenue with EBITDA of AU$51.8 million
• The Star Gold Coast: Earned AU$456.1 million in revenue with EBITDA of AU$71.3 million
• The Star Brisbane: Posted AU$344.2 million in revenue with EBITDA of AU$51.6 million

The company's overall EBITDA declined 26% to AU$174.7 million in FY2024, driven by increased regulatory compliance costs and the exodus of high-roller customers to other markets. The implementation of stricter oversight measures has significantly increased operating expenses across all properties.

The Queensland government maintains its commitment to high regulatory standards and transparency in casino operations, with Frecklington warning that this deferment doesn't guarantee against future suspension or additional regulatory actions.

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