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Tag Archives: Gold Coast

Australia – Star highlights improved trading in Brisbane and the Gold Coast

Australian casino operator Star Entertainment Group , owner of casinos in Sydney, Brisbane and the Gold Coast, has said that ‘trading is exhibiting improving trends’ as the country eases its lockdown restrictions. The company said: “Performance continues to be impacted by COVID-19 related operating restrictions, however, 2H FY2021 trading is exhibiting improving trends as the…

Australia – Star gets green light for second tower at The Star Gold Coast

The Star Entertainment Group has confirmed another $400m development project for South East Queensland (SEQ) with a “Tower for Tourism” to start construction on the Gold Coast in the next few weeks. The ASX Top 100 company and its joint venture partners have approved the latest addition to The Star Gold Coast integrated resort development…

Australia – Queensland scraps plans for a second Gold Coast casino

Queensland’s state government axes plans to develop a second casino on the Gold Coast citing ‘global market conditions’ but has also denied an exclusivity agreement with Star Entertainment, owner of The Star Gold Coast, that would see it invest AU$2bn into the Gold Coast Masterplan. Caesers Entertainment, Galaxy Entertainment, Hard Rock International and Melco Resorts…

Australia – Queensland puts Gold Coast tender on hold to speak to Star

Having had ten expressions of interests from international casino groups, the Queensland Government has suspended its tender process for a resort casino in order to give the city’s sole casino group chance to ‘put up or shut up.’ Tourism Industry Development Minister Kate Jones said: “We will enter negotiations with Star and they can put…

Australia – The Star Gold Coast on course for 2022 opening but promises more for exclusivity

Australian casino operator The Star Entertainment Group has cranked up the pressure on the Queensland government to maintain its exclusivity on the Gold Coast with A$2bn masterplan. Speaking at the company’s AGM, Chairman John O’Neill outlined a three-fold commitment to expand the existing casino on the Gold Coast ‘in return for certainty around maintaining the…

Australia – Star Entertainment to fast-track Gold Coast development

Australian operator Star Entertainment Group plans to fast-track development of a fourth hotel in the multi-billion-dollar investment transforming The Star Gold Coast at Broadbeach. A five-star hotel, lagoon pools, a nightlife venue, plus additional restaurants and bars are key attractions of a proposed 215-metre tower to be positioned south of the Dorsett hotel and apartments…

Australia – Gold Coast not big enough for second resort casino

Analytical group Macquarie Research does not believe that Australia’s Gold Coast is big enough for another casino. Caesars Entertainment and Hard Rock have recently been linked with a resort casino on the Gold Coast whilst existing operator Star Entertainment has recently gained approval from the Queensland Government for a $2bn master plan to transform The…

Australia – Hard Rock lodges its interest in Gold Coast Integrated Resort

US casino group Hard Rock International has set its sights on the potential of an Integrated Resort on Australia’s Gold Coast, joining Caesars in the fight for what would be Queensland’s second casino licence. Edward Tracy, CEO for Asia Pacific of Hard Rock International, has contacted the State Government to lodge its interest in a…

Australia – Caesars in further talks with Queensland government

Global casino giant Caesars Entertainment has returned to Australia for the second time in 12 months in a bid to bring its world-famous brand to the Gold Coast. Caesars President of International Development Steven Tight has led a recent delegation for renewed discussions with Mayor Tom Tate and leading Government officials including State Development Minister…