Published
Land-BasedCasinoLegal & Regulatory

Gold Coast won’t become a ‘casino city’, says Queensland's Premier

Anna

Gold coast
stacia Palaszczuk has told local media that she does not want Australia's Gold Coast to become a casino city. The Premier's comments came a day after Nevada-based gaming giant Caesars Entertainment announced talks with ASF Consortium over a A$3bn Integrated Resort (IR) in the city.

However, Queensland’s top official went on to explain that the city can only license one casino operation, a privilege already granted to ASF's Chinese-backed group of investors.

According to the Gold Coast Bulletin, Palaszczuk told reporters: “There’s only so many casinos we can have on the Gold Coast – I don’t think we need to have this a casino city.”

“The Gold Coast has so much to offer. There’s only one casino license available on the Coast at the moment and our government is going through due process in relation to ASF,” she added.

ASF Consortium was selected as the preferred bidder for the construction of a A$3bn integrated resort in Gold Coast’s Southport Spit, and Caesars was among the interested operators, ASF claimed.

The project however, has yet to begin construction, as ASF awaits the results of a public consultation that took place in April.

The Gold Coast region currently homes just one operational casino – The Star Gold Coast, formerly known as Jupiters. The property is undergoing a A$1bn renovation.

Premium+ Connections
 
Premium

RISK

 
Premium

Digitain

 
Premium

1xBet Partners

 
Premium

Sport Generate

 
Premium

Galaxsys

 
 
Premium

PIN-UP Partners

 
Premium

Imagine Live

 
Premium

GammaStack

 
Premium

Lynon

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Esportes Gaming Brasil

Ana Carolina Luna Maçães

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...