Samiksha Jaiswal (Editor)

Star Entertainment Group

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Type
  
Public

Industry
  
Gaming, Tourism

Headquarters
  
Australia

Number of employees
  
8,000

Traded as
  
ASX: SGR

Area served
  
Australia

Revenue
  
2.3 billion AUD

Founded
  
2011

Star Entertainment Group wwwspicenewscomauwpcontentuploads201511St

Key people
  
John O'Neill Matt Bekier

Divisions
  
The Star, Sydney Jupiters Hotel & Casino Treasury Casino Gold Coast Convention & Exhibition Centre

Stock price
  
SGR (ASX) A$ 5.43 +0.09 (+1.69%)24 Mar, 4:10 PM GMT+11 - Disclaimer

CEO
  
Matt Bekier (11 Apr 2014–)

The Star Entertainment Group Limited is one of Australia's largest gaming and entertainment groups (ASX: SGR). 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. In November 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.

Contents


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
  • Jupiters Hotel & Casino on the Gold Coast
  • The Star, Sydney
  • The Star Entertainment Group also manages the Gold Coast Convention & Exhibition Centre on behalf of the Queensland Government.

    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 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, Brisbane, beating rival Crown Resorts. 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. 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 8,000 permanent jobs. The economic modelling indicates a $1.69 billion annual increase in Queensland tourism and 1.39 million additional tourist visitors per annum. The Courier-Mail stated that $3 billion project is the biggest and most grandiose infrastructure development ever undertaken in the state’s capital. 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.

    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

    Star Entertainment Group Wikipedia