Sunday, October 17, 2010

Tabcorp wants to boost Qld casinos

online casino gambling
Gambling giant Tabcorp Holdings has signalled even greater investment in Queensland casinos, saying it wants to lure some of rival Crown Ltd's high-rolling VIP players.

Tabcorp on Monday announced a demerger of its casinos operations from its wagering, gaming and keno businesses.

The company also said it would spend $175 million on upgrading its Jupiters casino on the Gold Coast to create an international entertainment and resort destination.

The upgrade will include refurbishment of the main gaming floor, a new private gaming room, dedicated gaming areas for VIP customers, new restaurants and bars, a nightlife venue, a refurbishment of the pool area and a new spa.

Construction is expected to start in the middle of calendar year 2011 and be completed in 2014.

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