US casino operator Caesars Entertainment has reportedly firmed up plans to manage gaming operations at a proposed Australian casino.
Earlier this month, Australian media reported that Caesars was among the casino operators vying to run gaming operations at the ASF Consortium’s in-development integrated resort project in the state of Queensland’s Gold Coast region.
While those reports were deemed preliminary by a director of the Chinese-controlled ASF, The Australian reported on Saturday that Caesars had signed an agreement with ASF to advance due diligence and commercial terms on managing the proposed A$3b resort’s casino operations.
Neither Caesars nor ASF has publicly commented on the report. Caesars has been keen to establish some presence in the Asia-Pacific market after missing out on the chance to operate in Macau over a decade ago, while ASF is keen to show that its Gold Coast project is more than just a paper tiger.