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Tag Archives: Queensland

Australia – Queensland to launch ‘worldwide expression of interest’ for second casino licence

Having recently kicked a previously approved resort casino licence into touch, the Queensland government has now come out in support of a second casino being built on the Gold Coast. It will launch a ‘worldwide expression of interest’ campaign to choose a developer. Premier Annastacia Palaszczuk has confirmed her support for a second casino licence…

Australia – Crown Resorts yhdistetty ASF:n Gold Coast -projektiin

Reports in the Australian media are linking Crown Resorts to a casino already approved but yet to be built in Queensland. In August 2015 the state government in Queensland approved a A$2bn project by a ASF Consortium on the Gold Coast’s Main Beach. One newspaper report in The Australian has said that Crown wants to…

Australia – The Star Brisbane to earn Queensland government $1bn

Australia’s Star Entertainment Group will pay the Queensland government $272m in exchange for the right to develop the Queen’s Wharf casino and resort, which will generate over $1bn of state tax over ten years. Premier Annastacia Palaszczuk and Star Chairman John O’Neill have now signed the final contract for the A$3bn casino resort on the…

Australia – Aquis Great Barrier Reef Resort takaisin raiteilleen Queenslandissa

The stalled $8bn Aquis Great Barrier Reef Resort project earmarked for Queensland is back on track following renewed efforts by the newly elected government to encourage its progress. Tony Fung had withdrawn from the process in February following failed discussion with the previous Liberal National Party government. Now Treasurer Curtis Pitt has said the team…

Australia – Sea Pearl -hotellin suunnitelmat Gold Coastin edustalla

Marie Stephens Properties has presented plans for a A$250m casino hotel to be shaped like a giant pearl and designed to float off the Gold Coast in Australia. Known as the Sea Pearl Hotel, it is the creation of Professor Jianping Zheng, a man who has designed over 200 theme parks and hotels in China….

Australia – SkyCity, Echo ja Crown taistelevat Brisbanessa

Queenslandin varapääministeri Jeff Seeney on paljastanut, että 12 kasinokehittäjää on maksanut 100,000 XNUMX dollaria osoittaakseen muodollisen kiinnostuksensa uusien kasinoiden kehittämiseen osavaltioon, joiden nimissä ovat Echo Entertainment, Crown ja Sky City Entertainment. Nämä kolme yritystä käyvät vastakkain yhdessä kolmen muun kehittäjän kanssa, mukaan lukien Chow Tai Fook Enterprises, Lend…

Australia – Chinese group proposes Buddhist casino for Queensland

The China Australia Entrepreneurs Association Incorporated (CAEAI) has officially lodged an Expression of Interest proposal to operate a A$5bn integrated resort casino and Buddhist temple in Queensland. It wants to develop a China Town style precinct at Airlie Beach along with a retail and commercial complex, a casino and an international standard hotel. Chinese billionaire…

Australia – Queensland pokies to allow $50 and $100 notes

The Australian state of Queensland has increased the limit on the denomination of bank notes that poker machines can accept from $20 to $100. Queensland’s Attorney General, Jarrod Bleijie, has approved the change to accept $50 and $100 notes ending a 20 year restriction to $20. The approval is major win for lobbyists such as…

Australia- Concern over falling revenues and Echo investment

Echo Entertainment has released its A$1.5bn blueprint for the renovation of its Queensland casinos, a move that immediately saw  its share price fall based on investor concerns over the scope of the investment and warnings of underperformance this year. Having been piped at the post in Sydney where Crown Resorts won the first round of approvals to…