Wednesday, August 17, 2022


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No exclusivity agreement for The Star in Queensland


The state government of Queensland posted a statement on Saturday indicating that it was suspending negotiations with the Star Entertainment Group ove

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Star Entertainment seeking 30-year Queensland monopoly


Australian casino operator Star Entertainment Group is calling for a 30-year monopoly in the state of Queensland in exchange for its planned A$2 billion investment to upgrade its Gold Coast casino and convention center.

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Queensland in new push for IR investors


Queensland is set to kick start its efforts to establish new IRs in the state four years after a previous round of bidding ended with little progress.

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Hong Kong billionaire eyes ASF license


Hong Kong billionaire Tony Fung may win out after the Queensland government rejected a planned $3 billion project from the ASF Consortium last week. A

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Queensland seeks bidder for third casino license


Queensland is seeking expressions of interest for a third casino in the state after plans for an A$8.1 billion ($6.2 billion) dollar investment from t

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Queensland EGM revenue dips in Feb.


Revenue from electronic gaming machines in the Australian state of Queensland were down 2.4 percent compared with the same period a year earlier, thou

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Queensland may face legal bill over ASF casino


The Queensland government may face a $1.2 billion legal action if ASF Group’s plans to build a multi-billion dollar casino on the Gold Coast are not

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Destination Brisbane Consortium and Queensland gov't enter development agreement


Echo Entertainment Group Limited announced that the Destination Brisbane Consortium has entered into development agreements with the Queensland Govern

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Tatts sees slight growth in wagering turnover in 15Q3


Australia-based Tatts Group reported that its wagering business saw an improvement in 15Q3 with turnover returning to growth despite softness in the Q

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Aquis back into integrated resort development process


The team behind the Aquis Great Barrier Reef Resort project in Cairns has signed a process deed to re-enter the Integrated Resort Development (IRD) Pr

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Queensland government gives green light to ASF Consortium


The Queensland state government gave the green light for the Chinese-backed ASF Consortium to start planning construction of a $2 billion integrated r

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Fung affirms commitment to Yorkeys Knob project


Aquis Group chairman Tony Fung said he is  “totally committed” to the Aquis Great Barrier Reef Resort project at Yorkeys Knob despite speculation

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Australia's new casinos to drive revenues


Australian research company IBISWorld has predicted that the launch of three new casinos in the country will result in gaming revenue reaching more th

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ASF rethinks $6.5 billion Queensland project


ASX-listed company ASF Consortium has started redrawing its $6.5 billion project amid confusion over the parameters to be set by the new Queensland go

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Is Australia’s suitability bar set too high?


Two recent high-profile examples in Australia of deals not proceeding due to regulatory delays raise questions as to whether the approval process is taking too long, or whether the bar is set too high. An attempt by Tony Fung’s Aquis Group to buy the...

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Queensland authorities investigate sports betting scam


The Crime and Corruption Commission in the Australian state of Queensland is allegedly probing a former senior police detective over claims he defraud

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