The publication of a probity report commissioned by the previous Queensland Labor government into CTFE was quashed after the Hong Kong group successfully sought a Supreme Court injunction against the Herald. The admission by Theodore, who faces a fine and ban from managing a corporation, is not a big surprise. At the 2022 hearing into whether Star should retain its casino licence, he admitted to acting unethically when approving communications from the casino to NAB that tried to disguise banned gambling transactions as hotel expenses. With property prices soaring, combined with the casino's significant real estate portfolio, Blackcoin Ms Amir said the Star group would likely be an attractive investment for overseas companies looking to snap up a piece of the Australian market. However, analysts believe it is not the end of the line for the casino giant, as its board assesses all the options to save itself from collapse.
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