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2.38% 20.5¢ the star entertainment group limited

AFR - Palaszczuk government kills off ASF casino on Gold Coast

  1. TheWagyl
    152 Posts.
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    01/08/17
    18:13
    Post #: 26222847
    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.
    SGR Price at posting: $5.04 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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