It creates thousands of jobs, both directly and Blackcoin through support of related industries such as tourism, hospitality, and retail. An important aspect is also the casino’s contribution to the local community, including charitable initiatives and support for cultural projects. "For Star, the Queen's Wharf sale is a strategic retreat from what has become a financial quagmire, with development costs blowing out by more than $1 billion," he said. A Queensland government spokesperson said the deal between Star and its joint venture partners — Chow Tai Fook Enterprises (CTFE) and Far East Consortium — was not yet finalised.
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