Wednesday, 2 July 2014

Australia emerging as new Casino hotspot

Australia is emerging as the latest hotspot for casino operators as they look to attract Asian to the tables as well as its pristine beaches and popular places such as the Great Barrier Reef.

With a mining boom slowing, the prospect of thousands of new jobs and billions in tourist dollars has convinced Queensland and New South Wales to builds four new casinos, despite fears over their potential environmental and social impacts.

Asians culturally liked to gamble and the latest plans were a win-win for state governments, said David Wiadrowski, head of Australian Entertainment and Media at PriceWaterhouseCoopers.
For governments, rightly or wrongly, these integrated resorts are an attractive proposition because they create employment opportunities and tax dollars, which they can then put back into the community,
-  David Wiadrowski

"It is a high-risk strategy, getting the occupancy in the resorts," he added.

The recreation are at various stages of planning, with Queensland, already a popular destination.

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