Page 3133 - Week 09 - Thursday, 13 October 2022
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3) The report does not include the details of individual case reviews, however the issue of information sharing is covered in Recommendations 9, 10 and 11 and the issue of risk assessment is addressed in Recommendation 4. The issue of potential increased risk of lethality as a consequence of poor information sharing is covered in detail on pages 28 to 30 of the report.
Casino Canberra—ownership
(Question No 897)
Dr Paterson asked the Minister for Gaming, upon notice, on 23 September 2022:
(1) Given that in recent hearings of the Select Committee on Estimates 2022-2023, the question was asked who the new casino operator was and what the process had been regarding this acquisition, the Chief Executive Officer of the ACT Gaming and Racing Commission (GRC) responding “With this particular sale, it is not the casino per se that is for sale; it is a share transfer in one of the upstream companies. It is not that the casino has been sold; it is that the company that owns the company that owns the casino is having a share transfer”, can the Minister outline what this share transfer is, from what company to what “upstream company”.
(2) Can the Minister clarify if the casino has been sold.
(3) Can the Minister name the company, that owns the company, that owns the casino.
(4) What information was provided to the Minister by the GRC to approve the sale of the casino lease from Aquis to Iris Capital.
(5) What information was provided to the Minister that the sale of the lease to Iris Capital was in the public interest.
(6) Will Iris Capital be both the casino lessee and the casino license holder.
(7) What recommendations were made to the Minister by the GRC about the eligibility of Iris Capital as the corporation nominated as the proposed casino licensee.
(8) Is there any foreign participation or partners identified in probity checks of Iris Capital.
Ms Cheyne: The answer to the member’s question is as follows:
(1) Casino Canberra Limited is the holder of the casino licence and wholly owned by Aquis Entertainment Limited. Aquis Canberra Holdings Pty Ltd is the object of the proposed share transfer and owns 87% of the issued shares in Aquis Entertainment Limited. The Licence will not transfer as a result of this process.
(2) The Casino has not been sold.
(3) As indicated above, Aquis Canberra Holdings Pty Ltd holds approximately 87% of the issued shares in Aquis Entertainment Limited, which in turn owns Casino Canberra Limited.
(4) As there is no sale or transfer of the casino lease or the casino licence, there is no Ministerial approval or Ministerial decision.
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