Second Gold Coast Casino Opportunity Missed As Queensland Fails Star Entertainment Deal

Second Gold Coast Casino Opportunity Missed As Queensland Fails Star Entertainment Deal

Australia – The government of Queensland, Australia, has received stark criticism regarding the investment and renovation deal with the Star Entertainment Group for failing to reach an agreement on a million dollar convention centre and global tourism hub, including a second Gold Coast casino establishment.

The Star Entertainment Group is one of Australia’s largest gaming and entertainment groups that owns and operates three major Australian casinos and hotels: Treasury Casino & Hotel in Brisbane, The Star Gold Coast on the Gold Coast and The Star, Sydney.

Politicians in the state have sent a barrage of criticism the government’s way as it says the region has missed a huge opportunity for not only investment, but recovery, when the global Covid-19 pandemic comes to an end.

Reportedly, opposition politicians said that they could not believe the missed opportunity and the ‘Government’s financial incompetency of not grabbing Star casino’s offer of $100 million to expand the Gold Coast Convention Centre last year, when it was on offer’.

Politician and Leader of Opposition Business in the Legislative Assembly of Queensland Ray Stevens said:

“In return for exclusivity of casino operation on the Gold Coast for 30 years we would have got an upgraded convention centre which will be sorely needed when we come through this coronavirus catastrophe.”

67 year old Stevens who was elected to state parliament in 2006 added:

“We could have had a signed Convention Centre expansion contract for AU$100 million by Star Entertainment Group which would have given tradies, builders and tourism operators something to look forward to when we come through this COVID-19 tunnel.”

The only casino establishment on the Gold Coast is ‘Gold Coast Casino’, which has a 86,000-square-foot gaming floor and offers nearly 1,900 slot and video poker machines, as well as 49 table games, including Craps, Blackjack, Pai Gow Poker, Super Fun 21, Roulette, and a selection of midi and mini-baccarat.

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