Tag: Queensland
Queensland: 19 companies interested in casino licenses
March 5, 2014
Reuters – Australia’s Queensland government reported strong interest on Wednesday from both local and foreign bidders for its plan to build as many as three casino resorts, underscoring the northern state’s position as the country’s next gaming frontier. Australia is looking to build large casino resorts and other tourism attractions to lure high-end Asian spenders to compete with places like Macau and the Philippines. Australia’s 13 casinos currently capture just 1 percent of the $34 billion market for high-roller gamblers in Asia annually. A total of 19 companies have registered to make a potential bid for the licences for the…