Star pushes against Gold Coast casino

Star Entertainment Group wants to avoid a new Gold Coast casino and is trying to convince the Queensland government with a development strategy.

Australia.- A potential Gold Coast casino seems to be something Star Entertainment Group is emphatically against. That’s why the company wants to convince the government to abandon such plans with a development master plan.

The company would invest over €60 million in revamping the Gold Coast Convention and Exhibition Centre. It is located on state-owned land, but the company would operate it.

The company is also awaiting for approval on the proposed 237-metre tower for its casino complex. It would host a hotel operated by the Ritz-Carlton but has faced opposition.

“The Star’s position has always been to support investment in tourism assets on the Gold Coast. However, the Gold Coast market is too small for two casinos,” Star Entertainment chairman John O’Neill said.

“We are not alone in this assessment of the market. The introduction of another local casino competitor would force us to defend our local market share at the expense of driving incremental growth in interstate and international tourism.”