Wed, Jan 16, 11:03am by Staff Writer
A second casino on the Gold Coast would have repercussions not only for its rival the Star, but also the city’s pubs and clubs. A petition has been commenced by the Gold Coast’s many pubs and clubs – www.stop2ndcasino – opposing the planned casino.
The petition was started by a member of Clubs Queensland and has garnered more than 2,000 signatures thus far.
Clubs Queensland chief executive officer Doug Flockhart has previously expressed features a second casino in competition with the Star Gold Coast would decimate trade for pubs, RSLs and surf club operators.
Mr Flockhart told the Gold Coast Bulletin last November that recent research has shown that a second casino on the Coast would have a direct impact on at least 30 local clubs and an indirect impact on hundreds around the state.
The potential closures would impact 1.6 million members and some 10,000 jobs across the state’s 330 community clubs in the southeast corner of Queensland, a Clubs Queensland spokeswoman told the Gold Coast Bulletin.
“These are community clubs which give back to the local community. It’s their funding that puts lifesaving equipment on our beaches and supports veterans, schools and sports and community groups,” he said.
The state’s community club sector contributes A$850 million back to communities
and a second casino would affect these contributions Mr Flockhart said.
Mr Flockhart highlighted the reject erection of a billboard as evidence of the overwhelming support he and his members have received from Gold Coast residents.
The Queensland State Government is considering testing the market for another casino resort on the Gold Coast, with the process branded a “headache’ by the Star’s chief executive officer Matt Bekier.
There remains conjecture about the location of the second Gold Coast casino, with the Gold Coast City Council’s Planning Committee removing itself from decision-making aspects of the project last November.
Analysts from Macquarie have disputed the necessity of a second Gold Coast casino despite the projected boost in tourism.
David Gabris and Andy Chuk said the Gold Coast was “not the most attractive market” for a new integrated resort and casino relative to other regions in Australia.
Their analysis centres around the existing casino on the Gold Coast, The Star Gold Coast that has a 45 per cent market share.
— Gold Coast Problems (@GCProblemz) January 9, 2019
The market generated A$616 million in gaming revenues in the 2018 fiscal year, underpinned by one of Australia’s highest domestic per capita gaming spends.
“Given the market structure, a new competitor would be arguably challenged to expand the domestic market with an investment case most likely based on taking significant domestic market share from the incumbents,” Macquarie said.
Approximately 83 per cent of people opposed a casino on public land at the Carey Park car park at Southport between Australia Fair and the Broadwater Parklands according to the Gold Coast Bulletin.
Southport-based councillor Dawn Crichlow said she intended to ask councillors to back the existing policy of not allowing a tourism hub on Crown land.
Council voted last October to write to the Government to indicate its support for a casino on privately owned land, but not the public-owned Southport site.
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