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Star Entertainment Group
The Star Entertainment Group Limited is an Australian gambling and entertainment company. The company was formerly known as Echo Entertainment. Properties The Star Entertainment owns and operates the Treasury Casino & Hotel, The Star Gold Coast and The Star, Sydney.http://www.smh.com.au/business/echo-entertainment-groups-star-performer-set-for-makeover-20150204-135gua.html Star Entertainment holds two out of Queensland's four casino operation licenses. The group also manages the Gold Coast Convention & Exhibition Centre on behalf of the Queensland Government. 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. 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% of the cap ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Gambling Companies Of Australia
Gambling (also known as betting or gaming) is the wagering of something of Value (economics), value ("the stakes") on a Event (probability theory), random event with the intent of winning something else of value, where instances of strategy (game theory), strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the ...
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Star Entertainment Group
The Star Entertainment Group Limited is an Australian gambling and entertainment company. The company was formerly known as Echo Entertainment. Properties The Star Entertainment owns and operates the Treasury Casino & Hotel, The Star Gold Coast and The Star, Sydney.http://www.smh.com.au/business/echo-entertainment-groups-star-performer-set-for-makeover-20150204-135gua.html Star Entertainment holds two out of Queensland's four casino operation licenses. The group also manages the Gold Coast Convention & Exhibition Centre on behalf of the Queensland Government. 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. 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% of the cap ...
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List Of Companies Of Australia
This is a list of notable companies based in Australia, a country in Oceania. For further information on the types of business entities in this country and their abbreviations, see " Business entities in Australia". Australia is a wealthy country; it generates its income from various sources including energy and mining-related exports, telecommunications, banking and manufacturing. It has a market economy, a relatively high GDP per capita, and a relatively low rate of poverty. In terms of average wealth, Australia led the world in 2018, although the nation's poverty rate increased from 10.2% to 11.8%, from 2000/01 to 2013. It was identified by the Credit Suisse Research Institute as the nation with the highest median wealth in the world and the second-highest average wealth per adult in 2013. Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before March 31, 2017. Only the top five firms (if available) are included as a ...
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ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ...
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Shannon Fentiman
Shannon Maree Fentiman is an Australian politician. She has been the Labor member for Waterford in the Queensland Legislative Assembly since 2015 and is the current Queensland Attorney-General and Minister for Justice, Women, and the Prevention of Domestic and Family Violence. Fentiman holds a Bachelor of Laws (First class honours) from Queensland University of Technology and Master of Laws from the University of Melbourne. Prior to her election to the Queensland Parliament, Fentiman worked as a solicitor for Hall Payne Lawyers. She has previously worked as an industrial advocate for the Australian Manufacturing Workers Union and as a judge's associate in the Supreme Court of Queensland to Justice Atkinson. Fentiman has also been a board member of the Logan Women's Health and Wellbeing Centre, Secretary of the Centre Against Sexual Violence in Logan and the Duty Solicitor at the Beenleigh Neighbourhood Centre. Political career Fentiman stood for Waterford in 2015 after the p ...
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Australian Broadcasting Corporation
The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a tel ...
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Robert Gotterson
Robert William Gotterson AO (born 28 December 1949) is an Appeals Court justice at the Supreme Court of Queensland. He became Queen's Counsel in 1988 and previously served as president of the Bar Association of Queensland, the Australian Bar Association and the Law Council of Australia. Gotterson was appointed an Officer of the Order of Australia (AO) in the 2014 Australia Day Honours The 2014 Australia Day Honours were announced on 26 January 2014 by the Governor General of Australia, Quentin Bryce. The Australia Day Honours are the first of the two major annual honours lists, announced on Australia Day (26 January), with the o ... "for distinguished service to the judiciary and to the law, to legal education, administration and professional standards through a range of senior roles, and to the community of Queensland." References {{DEFAULTSORT:Gotterson, Robert 1949 births Living people Judges of the Supreme Court of Queensland Officers of the Order of Australia Peo ...
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Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ...
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High Roller
A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish " comps" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting, offer rebates on betting turnover or losses, and salaries of employees may also contain incentive arrangements to bring in high rollers. The definition of a high roller varies. At Crown Casino in Australia, for example, it involves bringing between AUD$50,000 and $75,000 to the table. High roller players often have very high table limits allowing the high roller exclusive use. Casinos compete on bet limits. In Australia limits of AUD$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only richer casinos can accommodate high-stakes gambling due to the volatili ...
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60 Minutes (Australian TV Program)
''60 Minutes'' is an Australian version of the United States television newsmagazine show '' 60 Minutes,'' airing since 1979 on Sunday nights on the Nine Network. A New Zealand version uses segments of the show. The program is one of five inducted into Australia’s television Logie Hall of Fame. History The program was founded by veteran television producer Gerard Stone, who was appointed its inaugural executive producer in 1979 by media magnate Kerry Packer. Stone devised it to be an Australian version of CBS's US ''Sixty Minutes'' program and it featured well known reporters Ray Martin, Ian Leslie and George Negus. Its prominent early programs included a 1981 interview Negus conducted with UK leader Margaret Thatcher, during which the prime minister aggressively countered his questions. Negus asked Thatcher why people described her as ''pig-headed'' and the Prime Minister demanded he tell her who, when and where such comments were made. In 1982, Jana Wendt interview ...
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