The Queensland government has ruled Chow Tai Fook Enterprises,a partner in the Destination Brisbane Consortium delivering the Queen’s Wharf project,can still have a casino licence.
In 2022,the government asked its Office of Liquor and Gaming Regulation to investigate the suitability of CTFE to be involved in the casino megacomplex.
With the assistance of an external firm,and on the advice of a barrister,the OLGR provided advice to Attorney-General Yvette D’Ath who on Thursday found insufficient evidence to conclude CTFE was unsuitable,or no basis to find the company unsuitable.
“CTFE has agreed to a number of actions to ensure it continues to improve its local business practices and remain associated with the multi-billion-dollar Queen’s Wharf development,” D’Ath said.
A CTFE spokesman said the company had agreed to update its policies,procedures and training,and appoint a Brisbane-based senior executive.
“We have a long-term interest in investing in Australia,are genuinely excited about the Queens Wharf project and can’t wait to play a part to help transform Brisbane ahead of the 2032 Olympics,” the CTFE spokesman said.
The government is still to decide whether The Star Entertainment Group,part of the consortium,should keep its casino licence. The OLGR has been.