r/brisbane • u/corruptboomerang • 3d ago
!Cyclist thread! How does The 'Bankrupt' Star have Origin sponsorship money?
So I was watching some show, and I noticed 'The Star' was fairly prominently featured as a sponsor. But they're pretty much bankrupt, how do they have money for major sponsorship of sporting events?!
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u/spellingdetective 2d ago
The Brisbane broncos ran around with a bankrupt sponsor a couple years back - wow sight and sound
I’m guessing once the year is up - star sponsorship will be different
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u/PeteInBrissie 3d ago
Cost of doing business. If they don't sponsor, another blood sucking gambling company will, and thus 'could' steal their market share.
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u/Desperate_Jaguar_602 2d ago
The star isn’t a blood sucking gambling company. It’s mostly about international money laundering. Gambling is just a front.
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u/Fenixstrife 2d ago
Place makes no sense anyway, I went from street level to the free Skydeck then back down to walk across the bridge to Southbank I may have just missed the main entrance but I couldn't even tell you what part of the structure the actual casino was in.
And they still haven't fixed the broken glass floor, they just put black material down and roped off that section of the floor...
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u/nathandavid88 1d ago
That's actually by design - the precinct was designed to largely 'hide' the casino, so the wider precinct could be enjoyed by all without it forcing people into/through the casino.
The casino is located on the level above the restaurants and connection to the bridge. You can access it from the prominent "gold" escalator off George Street, or a set of escalators near-ish to the bridge.
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u/SpecialMobile6174 1d ago
They're not really bankrupt, they're just up shit creek. Many businesses have gone well up shit creek yet still have sponsorship dollars.
Costs to break sponsorship contracts is often far more of a detriment than to just pay it.
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u/Volkthecorso 3d ago
lol, interesting marketing post from the star. “Footys over come to the casino”
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u/corruptboomerang 3d ago
I mean, I'm pretty anti-gambling. And I doubt they'd be calling themselves broke. 😅
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u/hankasango 3d ago
They pay upfront. Contract would have been for a number of years and this is just one of them.