The Queensland government is considering a potential tax reprieve for The Star while the NSW government has ruled out any further concessions.
The Star has been suspended from trading on the ASX after it failed to unveil its financial results for the 12 months to June 30, as its executives continue to lobby governments, banks and investors in a last-ditch effort to stay solvent.
Miles said he was in “ongoing discussions” with The Star about the tax arrangements for its Brisbane and Gold Coast casinos. Last week, The Star opened its long-awaitedPremier of Queensland Steven Miles.“It’s too soon to say what arrangements we might make with Star, but we will ensure, of course, that they make the contribution to Queensland that they committed to when we signed that contract,” Miles said.
“The NSW government’s assessment is that any NSW taxpayer assistance would primarily support the Star’s Queensland expansions,” the spokesperson said.to give the struggling casino more time to prepare for the complicated transition, which would have prevented gamblers from using more than $1000 cash. Instead, The Star has until October 19 to upgrade its machines and will be able to accept $5000 in daily cash transactions for another year.
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