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United Workers Union casinos director Andrew Jones said the union had been supportive of the Star Brisbane through many of its hurdles. The deal has left employees with questions about the future of their jobs in the precinct. "At the core of the issue is the transfer of a major casino licence to a new ownership structure," he said. In exchange, Star would receive a $53 million instant cash out best tips injection and stakes in Gold Coast hotels near its casino there. A Queensland government spokesperson says the deal is subject to government approval.

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The court was told the board and executives were "incurious and complacent" about alleged criminal activity and money-laundering, with wads of cash delivered in a blue Esky and in paper bags to a private gambling room. In the first days of hearings, ASIC told the court the board had been given evidence of money-laundering risks from high-rollers with ties to criminal organisations, but that those warnings were ignored. Half year disclosure of $195 million to $205 million and full fiscal year projections range between $330 million to $360 million. The double whammy of competition and expenses is driving the share price lower. With the looming state election coming in March 2023, the incumbent Liberal party is determined to stamp its authority in clipping the wings of gambling organisations.

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The new casino will replace Treasury Casino and Hotel, which will be repurposed into a hotel and retail site. The infrastructure investor delivered solid results, but investors appear focused on the outlook. Analysts at Ord Minnett still think Star will be able to prove itself suitable in NSW. However, it comes with a worrying caveat — the risk of the Sydney casino being forced to shut is rising.