Thursday 17. March, 2016

Great Keppel Island Development Pursues Casino Operators

The Great Keppel Island developers have been in discussion with major casino operators, however they have failed to secure a deal. Crown Resorts and The Star Entertainment Group (formerly Echo Entertainment) have been approached about operating the casino, but no partnerships have been formed.

Opposition Leader Lawrence Springborg, who moved the motion, discussed the benefits that a boutique casino could have for Great Keppel Island for other small islands off the Queensland coast.

“This will be nowhere near the same magnitude as Crown Casino in Melbourne or our other onshore casinos in Queensland,” Springborg pointed out.

“We are talking about a boutique casino licensing opportunity that may not necessarily only benefit the likes of Great Keppel Island, but also potentially other places up and down the Queensland coast as well.”

During a debate in Queensland Parliament on Wednesday night regarding the introduction of offshore boutique casino licenses, Keppel MP Brittany Lauga discussed her contact with resort developers Tower Holdings, as well as the casino operators.

The LNP proposal for the introduction of the gaming licenses was voted down by the government and the crossbench. Ms Lauga confirmed that Tower Holdings would begin a scaled-back version of stage one of the resort, excluding a casino.

Ms Lauga held a letter from Echo Entertainment which stated they had been in contact with Tower Holdings, but that no agreement had been entered into. Their rival casino operator, Crown Resorts stated in a letter that they had not had any discussions with Tower Holdings and would not be looking to develop a casino at Great Keppel Island.

“I can also confirm that such as opportunity does not currently fit with our business plans and strategy,” read the letter from Crown.

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