Caesars interested in entering Queensland casino market

On July 5, 2017, the ASF Consortium confirmed that they are in talks with the American gambling company Caesars Entertainment Corporation for a possible collaboration on a $ 3 billion resort in the Gold Coast of Australia. Caesars currently manages dozens of buildings around the world. Now there are also plans to conquer the Australian gambling market.

Gigantic casino complex

The developer plans to invest $ 3 billion in a particularly large hotel and casino complex. The destination is not far from the Sea World Gold Coast Marine Park. The government of Queensland has selected the ASF Consortium as the favorite bidder for the construction of the gigantic gambling complex. The director of the investor group, Louis Chien, told the local media that Caesars was just one of the many operators they were talking to.

Consultation procedure

The government of Queensland already concluded a consultation procedure with the state residents in April 2017. The results may not be known yet. As soon as the ASF Consortium has more information about the investigation, more details will be released.

Competition

The area is currently in the casino resort of Star Gold Coast. The building is also being renovated here. The building is undergoing a major transformation thanks to a $ 1 billion renovation project. When asked about possible competition from Caesars, the Australian gambling company, The Star Entertainment Group, said that everything revolves around the renovation of The Star Gold Coast.

Research local market

The local media indicate that Steven Tight, Caesars International Development President, visited the Gold Coast region last month to conduct a thorough investigation into entering the local market. It is still unclear whether the casino operator cooperates with the ASF Consortium or whether a separate bid will be made.

Added to wishlistRemoved from wishlist 2
Add to compare
WildTornado Casino
Deal
4 months ago

WildTornado Casino

WildTornado Casino Review offers - Online casino offer of the WildTornado Casino Review with an overall rating review of 7.9
Added to wishlistRemoved from wishlist 2
Add to compare
SpinSon Casino
Deal
4 months ago

SpinSon Casino

SpinSon Casino Review offers - Online casino offer of the SpinSon Casino Review with an overall rating review of 8.5
Added to wishlistRemoved from wishlist 1
Add to compare
EUSLOT Casino
Deal
4 months ago

EUSLOT Casino

EUSLOT Casino Review offers - Online casino offer of the EUSLOT Casino Review with an overall rating review of 7.3

We will be happy to hear your thoughts

Leave a Reply

Acasino.biz
Logo
Reset Password
Compare items
  • Total (0)
Compare
0

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close