ASF Consortium in talks with Caesars re Gold Coast casino

Casino operator Caesars Entertainment is holding talks to partner with a Chinese developer regarding a long-stalled gaming project on Australia’s Gold Coast.

Last week, the Gold Coast Bulletin reported that Caesars’ international development exec Steven Tight had been skulking around the Gold Coast region in the state of Queensland, studying the feasibility of a resort casino project in the area.

On Tuesday, the Bulletin quoted Louis Chien, director of ASF Consortium, saying Caesars was one of the companies with which ASF was holding with regarding running gaming operations at ASF’s proposed A$3b integrated resort on the Gold Coast’s Southport Spit.

ASF, which is led by the Chinese government’s state-run China State Construction Engineering development firm, is the Queensland government’s preferred developer for the long-proposed Gold Coast resort project. The state government’s consultation finished in April and ASF is reportedly waiting to learn the results before submitting further design plans regarding its proposed five-tower development.