Star Casino Gold Coast Queensland
| The Star Gold Coast | |
|---|---|
| Location | Gold Coast, Queensland |
| Address | Broadbeach Island, Broadbeach |
| Opening date | November 1985 (dry run) February 1986 (official) |
| No. of rooms | 592 |
| Total gaming space | 65,000 sq ft (6,000 m2) |
| Signature attractions | Jupiters Theatre |
| Casino type | Land |
| Owner | Star Entertainment Group |
| Previous names | Conrad Jupiters, Jupiters Hotel & Casino |
| Renovated in | 2006, 2012, 2017 |
| Coordinates | 28°01′54″S153°25′44″E / 28.031607°S 153.428750°ECoordinates: 28°01′54″S153°25′44″E / 28.031607°S 153.428750°E |
| Website | www.star.com.au/goldcoast |
- Star Casino Gold Coast Qld
- Star Casino Gold Coast Queensland Islands
- Gold Coast Queensland Australia
- Star Casino Gold Coast Queensland Coins
- Star Casino Gold Coast Queensland Coast
The Star Gold Coast is open every day from 10am – 6am, operating under our approved CovidSafe Site Specific Plan. Please be advised that access to the casino floor may, at certain times, be limited to members and their guests. Click here for more details and conditions of entry. Star Casino offers high-stake fun and entertainment on the Gold Coast. Situated in the heart of Broadbeach, the casino is a popular nightlife destination but is open 24 hours a day 7 days a week. Star Casino is full of style and offers a sophisticated gaming venue and entertainment destination.
Live the life of a VIP within The Star Gold Coast’s integrated resort-style development. With one of the most connected, enviable addresses on the Gold Coast, not only will you wake up to sweeping views of the glittering coastline, you will enjoy direct access to Queensland’s.
The Star Gold Coast (formerly Jupiters Hotel and Casino) is a casino and hotel located in the suburb of Broadbeach on the Gold Coast in Queensland, Australia. The casino, which was Queensland's first, is situated next to the Nerang River and is operated by Star Entertainment Group. It opened in November 1985 as Conrad Jupiters. In 2017 it was rebranded as The Star, Gold Coast.[1]
One per cent of the casino's gross gaming revenue is deposited in the Gambling Community Benefit Fund. This fund was established in 1987, supports non-profit community-based groups and is administered by the Government of Queensland.[2]
The seven acre complex includes eight bars, seven restaurants, conference facilities, a ballroom, theatre, health spa and gym. The hotel, with 592 rooms, stands 66 metres (216 feet) and has 21 floors. The complex is governed under the Jupiters Casino Agreement Act.[3]
Theatre[edit]
Jupiters Theatre underwent a $20 million makeover and expansion and re-opened in June, 2012.[4] The redevelopment of the theatre resulted in the capacity more than doubling to accommodate 2,000 seated or 2,300 general admission guests and the theatre viewing experience will be improved through state-of-the-art technologies and architecture.
The theatre redevelopment includes the creation of a balcony level with up to 300 seats, VIP Hospitality rooms for pre- and post-event functions, new bars on the balcony and orchestra level, new toilets on the balcony and orchestra level, purpose built integrated movie projection booth, multi-purpose mechanical thrust stage, the enhancement of disability access to all areas, and increased dressing room space.
In 2008, Jupiters ceased producing shows in-house and now presents international shows such as Mother Africa, ABBA Revival, Burn The Floor, Dance of Desire, and STOMP.
History[edit]
Conrad Jupiters Casino opened on 22 November 1985 with 10,000 people in attendance.[5][6][7] It was included in the November 2003 merger of Jupiters with Tabcorp[8] In April 2010 it was rebranded as Jupiters Hotel & Casino.[9] In 2011 it became part of Echo Entertainment Group when Tabcorp listed its casino assets.
Jupiters Hotel & Casino made headlines in 1995 when then Brisbane Broncos Rugby League player Julian O'Neill urinated on the carpet under a black jack table on two separate occasions.[10] Both Jupiters Hotel & Casino and the Treasury Casino in Brisbane were used for money laundering by welfare recipients on behalf of organised crime syndicates, from May 2006 to November 2007.
Between 1993 and 2001, the casino was defrauded of $5.7 million when corrupt casino staff and food suppliers fabricated food orders and invoices. In 2009, a court heard that senior management tried to prevent a proper investigation and that the police major fraud squad became involved in 2003.[11]
In 2008, security staff at the casino and other venues took part in a trial of head mounted cameras which were worn over the ear. The devices were used to record video and audio evidence of incidents and raised privacy concerns due to a lack of laws regarding their use.[12] In 2009, Office of Gaming acting executive director Barry Grimes criticised the casino's internal controls and procedures relating to excluded persons gaining entry to the casino.[13]
2006 renovations[edit]
The complex underwent renovations in 2006. $53 million was spent on refurbishment of the casino.[14] The two gaming floors are now one and the size is just over double of what it was. Level Two became the brand new Gold Club room. A new restaurant, balconies, and two new bars were included in the renovation. By 2008, 442 of the hotel rooms were completely refurbished at the cost of $16 million.[14] The hotel front office and lobby bar were also renovated.
2017 expansion[edit]
In August 2015, work commenced on a $345 million redevelopment of the casino including the construction of a 17 storey tower.[7][15]
See also[edit]
References[edit]
- ^From Jupiters to the Star and beyond: Gold Coast's casino turns 30Archived 7 November 2015 at the Wayback MachineBrisbane Times 5 November 2015
- ^'About us: Jupiters Casino Community Benefit Fund'. The State of Queensland (Queensland Treasury). Archived from the original on 19 February 2011. Retrieved 24 September 2010.
- ^Lucy Ardern (22 October 2010). 'Jupiters plans bypass council'. goldcoast.com.au. News Limited. Archived from the original on 25 October 2010. Retrieved 7 February 2012.
- ^Suzanne Simonot (25 August 2011). 'Jupiters Theatre in for $20m makeover'. goldcoast.com.au. News Limited. Retrieved 7 February 2012.
- ^'10,000 at Queensland's first casino opening'. The Canberra Times. 60, (18, 317). Australian Capital Territory, Australia. 24 November 1985. p. 3. Retrieved 18 December 2020 – via National Library of Australia.CS1 maint: extra punctuation (link)
- ^Jupiters Casino and Resort to get new name as part of redevelopmentGold Coast Bulletin 28 August 2015
- ^ abJupiter's, Queensland's first casino, marks 30th anniversaryArchived 9 August 2016 at the Wayback MachineABC News 23 November 2015
- ^Former Jupiters investorsArchived 25 March 2016 at the Wayback Machine Tabcorp
- ^Conrad Treasury Brisbane and Conrad Jupiters Gold Coast RebrandArchived 30 June 2016 at the Wayback MachineSpice News 30 March 2010
- ^Daniel Sankey (15 September 2008). 'Broncos bad boys'. Fairfax Media. Archived from the original on 26 November 2009. Retrieved 25 January 2008.
- ^Greg Stolz (12 August 2009). 'Jupiters Casino staff in scam case'. The Courier-Mail. Queensland Newspapers. Retrieved 7 February 2012.
- ^Samantha Healy (13 July 2008). 'Nightclub head-cam concerns'. The Sunday Mail. Queensland Newspapers. Retrieved 7 February 2012.
- ^Patrick Lion (11 July 2009). 'Queensland casinos 'use rewards to lure back problem gamblers''. news.com.au. News Limited. Archived from the original on 30 January 2010. Retrieved 7 February 2012.
- ^ abShannon Molloy (21 August 2008). 'Conrad Jupiter's $16m facelift'. Brisbane Times. Fairfax Media. Archived from the original on 2 December 2008. Retrieved 8 August 2010.
- ^Construction Starts on $345 Million Gold Coast Jupiters Casino ExpansionUrban Developer 17 August 2015
External links[edit]
Media related to Jupiters Hotel and Casino at Wikimedia Commons
- »News
- »Queensland Approves Star Gold Coast Master Plan
The Star Entertainment Group received good news from the government of Queensland. It was an approval of a masterplan of accommodations, entertainment and retail options, food and drink establishments, and resorts.
With a price tag of more than $2 billion, the governmental approval is only the first of many steps to make the plan a reality.
Proposal Overview
Star Casino Gold Coast Qld
The Star Gold Coast project is a “mega masterplan” with many components.
Star Casino Gold Coast Queensland Islands
The Gold Coast Convention and Exhibition Centre will receive an upgrade. The 6000-seat venue requires a “significant facelift” to attract some of the world’s biggest musical acts.
When Star bought the Sheraton Grand Mirage in 2017 for $140 million, it had every intention of upgrading the facility, and that is a part of the plan. Not only will the project include renovations, it will also add a new restaurant, bar, gym, beach club, and adjoining low-rise development.
There will be five new towers up for development around The Star Gold Coast. Of course, two of them are already in process, but the masterplan will put that number up to five and include a five-star hotel. Star also wants to add a Sky Park tourism playground with “adventure, entertainment, and luxury dining.”
Overall, there will be many more hotels and apartments, new restaurant and bar “precincts,” and also high-end resort facilities to rival all in the Asia-Pacific region.
Star Cannot Do It Alone
Some of the approvals and finances are dependent upon others. For example, the Gold Coast Convention and Exhibition Centre is owned by the government.
Gold Coast Queensland Australia
A large part of the project will rely on two major joint venture partners: Chow Tai Fook Enterprises Limited and the Far East Consortium International Limited.
Chow Tai Fook Enterprises is operated by the Cheng family out of Hong Kong. It has a diversified portfolio that includes real estate, hospitality, and consumer investments. It has “significant financial capacity” to support the Gold Coast plan.
The Far East Consortium began working in Australia in the 1990s and focuses on residential and hotel developments. It has facilitated the development of apartment buildings in the Upper West Side, The Fifth, West Side Place, Flinders Wharf, and Royal Domain.
Casino Caveat
Earlier this year, Star proposed a second casino on the Gold Coast.
After months of discussions, however, the latest mega proposal does not include a second casino. Star Chairman John O’Neill conceded that two may have been too much. “The Star’s position has always been – we support investment in tourism assets on the Gold Coast – but the Gold Coast market is too small for two casinos.”
O’Neill added that “the introduction of another local casino competitor would force us to defend our local market share at the expense of driving incremental growth in interstate and international tourism.”
He also admitted that in the seven years that a second casino has been up for discussion, it has only cost everyone involved and weighed negatively on Star’s share prices.
The commitment to no additional casino or gaming machines is evident on the website built to show off the development ideas. Near the top of the main page, it reads:
“The Star has also committed to delivering the investments with no extra poker machines.”
Promises and Goals
There are many positive aspects to the proposal. But Star wants to ensure some of the numbers catch the attention of decision-makers that must approve the project.
One promise is for jobs in Queensland. The project is supposed to add 1,800 constructions jobs per tower and 3,000 new jobs once the towers are open for business.
Of the entire $9 billion in total investment up for proposal, it will be split between the Gold Coast and Brisbane.
For the Gold Coast:
- $1.5 billion = replacement value of original The Star Grand and Sheraton Grand Mirage
- $850 million = transformation of existing property
- $2+ billion = completion of the masterplan
- $4.35+ billion = total investment
And for Brisbane:
- $1 billion = building replacement value of heritage buildings at Treasury
- $3.6 billion = Queen’s Wharf Brisbane Project
- $4.6 billion = total investment
Reversing Disappointing Financials
Star Casino Gold Coast Queensland Coins
When Star Entertainment released its fiscal year report for the year ending June 30, 2019, it didn’t exactly overwhelm shareholders and analysts.
Adjusted revenue was down 1%, adjusted EBITDA was down 2%, and adjusted net profit after tax was down 8.4%. VIP business reported a 30.7% decrease, and core earnings were down 35.6%. Visitors in general were down, and the spend per visitor was also down more than 30%.
The report came with promises of job cuts and a “planned restructuring”. A multi-billion-dollar project could fall into that category.
Star Casino Gold Coast Queensland Coast
Initial responses from investors and shareholders has been positive. Share prices went from $4.435 to a high of $4.855 as the news has spread. It seems to have settled between $4.7 and $4.8.