πŸ’ The Star Gold Coast redevelopment gets fast-track - Hotel Management

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But ASX-listed Star has argued that the Gold Coast market wasn't big on the condition it operates as the Gold Coast's sole casino operator. It also has a $2 billion masterplan for five more towers at its major development at.


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Star Entertainment is betting a $2b development push will help persuade the Queensland government to ditch plans to develop a second.


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But ASX-listed Star has argued that the Gold Coast market wasn't big on the condition it operates as the Gold Coast's sole casino operator. It also has a $2 billion masterplan for five more towers at its major development at.


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β€œOur site at Broadbeach is the perfect location for continued development of tourism assets that will deliver to the Gold Coast an integrated resort.


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The Star Gold Coast's Master Plan includes four new towers and more casino as long as it was integrated into a resort development and not.


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But ASX-listed Star has argued that the Gold Coast market wasn't big on the condition it operates as the Gold Coast's sole casino operator. It also has a $2 billion masterplan for five more towers at its major development at.


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The Star Gold Coast is undergoing an exciting transformation to create a world class integrated resort. Read more about Current development. Discover what​.


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Rendering of The Star's planned Gold Coast development. in developing a global tourism hub and a second casino on the Gold Coast. Star.


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Poolside at the casino resort development planned for Star Casino on the Gold Coast. An artist's impression of The Star's proposed expansion.


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Rendering of The Star's planned Gold Coast development. in developing a global tourism hub and a second casino on the Gold Coast. Star.


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June 07, That market is "too small for two casinos," the company says. O'Neill said the debate over a second casino on the Gold Coast had been a been a distraction for seven years and " yielded nothing but considerable cost β€” tens of millions of dollars β€” to governments and is impacting our business, weighing on our share price". International edition. Star Entertainment chief executive Matt Bekier said it had been a "mixed year" for the business, impacted by domestic consumer sentiment and global economic softening. Subscribe to receive the latest news and updates. Advanced Search. Star could be able to enter an exclusive arrangement with the Queensland government, which earlier this year called for registrations of interest in developing a global tourism hub and a second casino on the Gold Coast. 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. Crown shares were trading 1 percent higher in mid-afternoon trade despite the sharp drop amid large protest votes against the re-election of several board members. Newsletter Subscription. The email is already registered. The casino group's share price jumped 4. Enter a valid email. While we delivered 10 per cent growth in unique visitation on the year, normalised revenue was down He said the statutory international VIP rebate business revenue declined at a lower rate of In Melbourne, casino rival Crown Resorts noted a 46 percent fall in turnover in the VIP program at its local resorts in the first few months of the financial year at its annual general meeting Thursday. Rendering of The Star's planned Gold Coast development. After three years of going through the development application process, the initial plan was rejected on height issues.

The development pitch comes as the casino giant awaits a decision from an independent panel on a proposed metre tower at its casino complex in Sydney's Pyrmont which has been opposed by the NSW New South Wales planning department, as reported by The Sydney Morning Herald.

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Star Entertainment - Australia - Gold Coast. Leave your comment. In a trading update for the September quarter released on Thursday, Star reported group revenue was up 1. Thank you for registering to our newsletter.