US-based entertainment giant Bally’s Corporation has agreed to invest in and partner with The Star to breathe new life into the ailing business in a deal worth AU$300 million.

Reservations have opened today for The Star Grand, the signature five-star hotel within The Star Brisbane. Guests can now book stays from 29 August 2024 at the 340 brand new property, which is part of the $3.6 billion Queen’s Wharf precinct in the Queensland capital.

Hard Rock International has stated it expressed no interest in Star Entertainment Group Limited following reports yesterday the US company was considering a bid for the struggling Australian firm. The speculation was fuelled when Star said it had been approached by a consortium of investors which included Hard Rock Hotels & Resorts (Pacific).

Plans for the re-entry of Marriott International’s ultra-luxury hotel brand, The Ritz-Carlton, to Sydney have been revived with the NSW Government understood to have approved a modified development proposal.

The Star Entertainment Group will potentially reduce the height of its proposed ultra luxury hotel and residence project in Sydney’s Pyrmont by 24 metres to alleviate concerns of overshadowing.

The Star Entertainment Group is weighing up its options on the future of the proposed six-star Ritz-Carlton hotel after the current plan was rejected last week, fundamentally due to the project’s over towering height.