SGR 2.33% 21.0¢ the star entertainment group limited

AFR - Palaszczuk government kills off ASF casino on Gold Coast

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    The Palaszczuk Labor government has canned Chinese consortium ASF Group's proposed $3 billion casino and integrated resort on the Gold Coast, but has kept open the possibility of a new cruise ship terminal at The Spit.

    The decision, announced by Premier Annastacia Palaszczuk on Tuesday, is a major boost for The Star Group which owns the Gold Coast's only casino, Jupiters, as well as Brisbane's Treasury casino. The company is also building the $3 billion Queens' Wharf integrated resort and casino in Brisbane's CBD.
 
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