The State Government announced over the weekend it does not intend to pursue plans for a new integrated resort – including a second casino – on the Gold Coast, with global market conditions clearly impacting investment.
The government said it had also ended negotiations with The Star group for an exclusive long-term casino licence on the Gold Coast.
By signing up, you agree to our User Agreement andPrivacy Policy & Cookie Statement. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Star currently operates the Star Gold Coast casino in Queensland and had promised to invest $2 billion to expand the project – including redevelopment of the ageing Gold Coast Convention and Exhibition Centre – if it was given exclusivity.
-AAP
Advertisement