An international joint venture led by Star Entertainment is finalizing a deal to pay up to A$160 million ($121.7 million) for a beachfront resort in Queensland, local media reports.
Jupiters Hotel & Casino is a hotel casino run by The Star Entertainment Group. Located in Gold Coast in Queensland, Australia, the casino hotel includes a world-class hotel with the excitement of award-winning restaurants, lively bars, spectacular stage shows and concerts, plus the non-stop action of a 24-hour casino. Located moments from the bustling Broadbeach precinct, Jupiters has been part of the local Gold Coast community for 30 years.
The seven acre complex includes eight bars, seven restaurants, conference facilities, a ballroom, theatre, health spa, gym, and a monorail which connects the property to the Oasis Shopping Centre across the road. The hotel, with 592 rooms, stands 66 metres (216 feet) and has 21 floors. The complex is governed under the Jupiters Casino Agreement Act