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Business

Derek Rose

Star's sale of Queens Wharf entertainment hub stalled

Entertainment Queens Wharf Group Star Entertainment Group Bruce Mathieson Darren England Bally Brisbane

The Star Entertainment Group is struggling to sell its stake in the Queen's Wharf precinct. (Darren England/AAP PHOTOS)

Star Entertainment Group's bid to sell its half-stake in the money-losing Queens Wharf Brisbane entertainment complex for $53 million is faltering.

In a statement to the ASX on Wednesday, the embattled casino operator said that based on the current status of discussions, it was "unlikely" the parties would be in a position to finalise sale documents by Thursday's deadline.

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