The agreed sale price was lower than the AU$200 million that the company was originally seeking. Star Entertainment Group has shared that it is looking to make at least AU$60 million in net proceeds from the sale. The money generated as a result of the sale is expected to be used by the company to pay off the outstanding regulatory fines it is facing over a number of anti-money laundering and counter-terrorism financing failures. Furthermore, some of the proceeds are set to cover the higher casino duties owed by the operator in the state of New South Wales (NSW).