Star Entertainment Group
| Public | |
| Traded as | ASX: SGR |
| Industry | Gaming, Tourism |
| Founded | 2011 |
| Headquarters | Australia |
Area served | Australia |
Key people | John O'Neill Matt Bekier |
| Revenue |
 A$2.3 billion |
Number of employees | 8,000 |
| Divisions | |
| Website | www.starentertainmentgroup.com.au |
The Star Entertainment Group Limited is one of Australia's largest gaming and entertainment groups. In June 2011 Tabcorp Holdings demerged its casinos operations which resulted in Tabcorp’s casinos business being separately listed as ECHO Entertainment Group Limited (ASX: EGP). The existing wagering, media, gaming, and Keno businesses were retained by Tabcorp.[1] On November 16 2015 The Star Entertainment Group parent company name changed from Echo Entertainment Group Limited to The Star Entertainment Group Limited following shareholder approval at the 2015 Annual General Meeting.
Holdings
The Star Entertainment is an ASX 100 listed company. It owns and operates three major Australian casinos and hotels.
- Treasury Casino & Hotel in Brisbane[2]
- Jupiters Hotel and Casino on the Gold Coast
- The Star, Sydney[3]
The Star Entertainment Group also manages the Gold Coast Convention and Exhibition Centre on behalf of the Queensland Government.[4]
Development
The Star Entertainment Group commenced an $870 million transformation and redevelopment of The Star in Sydney in 2012. The transformation of The Star is a tangible reflection of the company's capacity and capability to invest significantly and effectively in its properties. In 2013 Echo Entertainment has a $345 million program of work underway to refurbish and expand Jupiters Hotel & Casino on the Gold Coast. The refurbishment of the existing hotel and casino complex is one of the biggest hotel refurbishments ever undertaken in Australia. In September 2015 Echo Entertainment announced that its Queensland property Jupiters Hotel & Casino, as the First Official Partner of the Gold Coast 2018 Commonwealth Games.
Queen's Wharf Brisbane
The Queensland Government announced on 20 July 2015 that Echo Entertainment as 50% joint venture partner of the "Destination Brisbane Consortium" was the preferred tenderer for Queen's Wharf in Brisbane, beating rival Crown Resorts Ltd. The development will feature 2000 apartments and 1100 new hotel rooms. Echo has two Hong-Kong based joint venture partners Chow Tai Fook Enterprises and Far East Consortium. The two joint venture partners will each contribute 25 per cent of the capital to develop the integrated resort and will also jointly pay for the apartment and broader Queen's Wharf developments. The development will include four, five and six-star hotels including the Ritz-Carlton and Rosewood. A feature of the development is stated to be the area along the river front equalling 12 football fields of public space. The Queensland Premier Annastacia Palaszczuk stated that the integrated resort and casino would transform Brisbane's CBD in the same way the South Bank development did after Expo88 almost 30 years ago. The project will create 3000 constructions jobs and 8000 permanent jobs. The economic modelling indicates a $1.69 billion annual increase in Queensland tourism and 1.39 million additional tourist visitors per annum.[5][6] The Courier-Mail stated that $3 billion project is the biggest and most grandiose infrastructure development ever undertaken in the state’s capital.[7] The Australian Financial Review stated that the $2 billion Queen's Wharf is Brisbane's version of Sydney's Barangaroo stating that the available public realm is massive "bigger than Barangaroo" quoting Urbis (consulting firm) which has estimated that at a peak capacity up to 190,000 people could fit into the site for events.[8]
Award Winning Properties and Restaurants
The Star Entertainment Group is the recipient of a large number of awards across its three properties:
The Star, Sydney
Momofuku - Best Restaurant Bar - SMH Good Food Guide 2015
Momofuku - Three Glasses - Gourmet Traveller Australian Restaurant Guide 2015
Momofuku - Three Chef’s Hats - SMH Good Food Guide 2015, 2014, 2013
Momofuku - Restaurant of the Year - Gourmet Traveller Australian Restaurant Guide 2014
Momofuku - Gault & Millau Sydney Restaurant Guide 2014: 5 Hats
Momofuku - Best New Restaurant - SMH Good Food Guide 2013
Momofuku - Restaurant of the Year - Time Out Awards 2013
Momofuku - Best New Restaurant - Gourmet Traveller Awards 2013
Momofuku - Two Glasses - Gourmet Traveller Wine List of the Year Awards 2013
Momofuku - One Glass - Gourmet Traveller Wine List of the Year Awards 2012
Momofuku - The Hottest Restaurant in Australia - The Australian Hot 50 Awards 2012
Momofuku - The Hottest Restaurant in NSW - The Australian Hot 50 Awards 2012
Momofuku - The Australian - Hottest Restaurant of the Year 2012
BLACK by ezard - One Chefs Hat - SMH Good Food Guide 2015, 2013
BLACK by ezard - Three Stars - World's best Wine List, The World of Fine Wine 2014
BLACK by ezard - Three Chef’s Hats, Gault&Millau Sydney Restaurant Guide 2014
BLACK by ezard - Best of Award of Excellence - Wine Spectator Restaurant Wine List Awards 2014, 2012
BLACK by ezard - Hot Talent - Michael Chiem - Time Out Sydney Bar Awards 2013
BLACK by ezard - Three Glasses - Gourmet Traveller Wine List of the Year Awards 2013, 2012
BLACK by ezard - Young Waiter of the Year - Electrolux Appetite for Excellence Awards 2012
Balla - One Chefs Hat - SMH Good Food Guide 2015
Balla - Two Chef’s Hats, Gault&Millau Sydney Restaurant Guide 2014
Balla - Three Glasses - Gourmet Traveller Wine List of the Year Awards 2012, 2013, 2014
Balla - Two Glasses - Gourmet Traveller Australian Restaurant Guide 2015
Balla - One Glass - Award of Excellence Wine Spectator 2014
Balla - Award of Excellence - Wine Spectator's Restaurant Wine List Awards 2014
Balla - Best New Restaurants of 2012: Hot tables - Conde Nast Traveller
Balla - Best International Hotel Restaurant Wine List - Gourmet Traveller Wine List of the Year Awards 2012
Balla - Best of Award - Wine Spectator Restaurant Wine List Awards 2012
Sokyo - Two Glasses - Gourmet Traveller Australian Restaurant Guide 2015
Sokyo - One Chefs Hat - SMH Good Food Guide 2015, 2014
Sokyo - Two Glasses - Australian's Wine List of the Year Awards 2014
Sokyo - One Chefs Hat - The Australian Good Food and Travel Guide 2013
Sokyo - Two Glasses - Gourmet Traveller Wine List of the Year Awards 2013
Sokyo - One Goblet - Gourmet Traveller Wine List of the Year Awards 2012
HOTELS AND SPA The Darling - Best International New Hotel for Construction & Design - International Hotel Awards 2013, 2012
The Darling - Best New Hotel Construction & Design, Australia - International Hotel Awards 2013, 2012
The Darling - Best New Hotel Construction & Design, Asia Pacific - International Hotel Awards 2013, 2012
The Darling - Best Tech Hotel - Hotel Management Awards 2012
The Darling - Top 60 Best New Hotels in the World - Conde Nast Traveller 2012
The Darling - Luxury Design Hotel – Australasia & Oceania - World Luxury Hotel Awards 2012
CONSTRUCTION & DESIGN
Balla - Winner - Interior Fitouts $300,001 - $5,000,000 - MBA Excellence Awards - NSW 2012
BLACK by ezard - Winner - Interior Fitouts $500,001-$10,000,001 - MBA Excellence Awards - NSW 2012
Sovereign Lakes - Winner - Best Interior Fitout $5,000,000 - $10,000,000 - MBA Excellence Awards - NSW 2012
The Darling Suites - Winner - Best Interior Fitout $10,000,001 - $15,000,000 - MBA Excellence Awards - NSW 2012
Main Gaming Floor Suites - Winner - Best club/entertainment Refurbishment $20,000,000 - $120,000,000 - MBA Excellence Awards - NSW 2012
The Darling - Winner - Best Hospitality Buildings - Construction - MBA Excellence Awards - NSW 2012
The Star - Winner - Best club/Entertainment Refurbishment - MBA Excellence Awards - NSW 2012
Cherry - Winner - Construction for interior fitout - MBA Excellence Awards - NSW 2011
The Star - Winner for Commercial Large Project Category - NSW - NECA Excellence Awards 2011
The Star - Construction Excellence Award 2011 - ANCR (Australian National Construction Review)
OVERALL AWARDS The Star - Australasia's Leading Casino Resort - World Travel Awards 2012
MARQUEE Marquee - Nightclub of the Year - Best in Sydney Awards, Alternative Media Group 2013, 2012
Marquee - Nightclub of the Year - Australian Bartender Magazine Awards 2013, 2012
Jupiters Hotel & Casino
Kiyomi - 'Best Prestige Restaurant' - Queensland Hotels Association Awards for Excellence
Kiyomi - 'Chef of The Year' - Chase Kojima- Australian Hotels Association 2015 National Awards for Excellence
Kiyomi - Chef's Hat - Brisbane Good Food Guide Awards
Kiyomi - 'Best new restaurant' - 2015 Savour Australia Restaurant & Catering HOSTPLUS Awards for Excellence for Queensland
Cucina Vivo - Best Restaurant – Accommodation Division - Australian Hotels Association 2015 National Awards for Excellence
Cucina Vivo - Finalist- 'Best Restaurant in a Hotel or Resort'-2015 Savour Australia Restaurant & Catering HOSTPLUS Awards for Excellence for Queensland
References
- ↑ http://www.tabcorp.com.au/investor-centre_shareholder-centre_demerger-of-echo-2011.aspx
- ↑ http://www.brisbanetimes.com.au/queensland/brisbane-casino-to-bring-thousands-of-new-jobs-20150123-12w9vt.html
- ↑ http://www.smh.com.au/business/echo-entertainment-groups-star-performer-set-for-makeover-20150204-135gua.html
- ↑ http://www.gccec.com.au/echo-entertainment-group.html
- ↑ "Destination Brisbane Consortium proposal selected by Queensland Government as preferred tenderer for Queen's Wharf Brisbane" (PDF). Star Entertainment Group. Sydney. 21 Jul 2015. Retrieved 4 Aug 2015.
- ↑ Williams, Perry (21 July 2015). "Star consortium to build 2000 apartments for $2b Queen's Wharf complex". Brisbane Times. Brisbane. Retrieved 3 Aug 2015.
- ↑ The Editor (26 July 2015). "Editorial: Echo must deliver to justify the confidence the State Government has placed in the company". The Courier-Mail. Brisbane. Retrieved 3 Aug 2015.
- ↑ Cranston, Matthew (24 Jul 2015). "Echo Entertainment picks 'red ribbon' concept for $2b Brisbane resort". The Financial Review. Sydney. Retrieved 3 Aug 2015.