Overview
Description
Reef Casino Trust is a property trust that primarily engages in the ownership and operation of the Reef Hotel Casino, a prominent entertainment venue located in Cairns, Australia. The trust's main function is to generate revenue through its comprehensive casino and hotel complex, which includes gaming facilities, hotel accommodations, and various dining and entertainment options. As a staple in the tourism and leisure industry, the trust impacts sectors such as hospitality and gaming, contributing significant economic activity to the local and regional markets.
Reef Casino Trust has carved out its niche in the Australian financial market by providing investors with exposure to the gaming and leisure industry through its trust structure. This setup allows stakeholders to participate in the success of this unique asset without directly managing property operations. The trust's market significance lies in its ability to deliver stable income streams to its investors, driven by continuous demand for entertainment and accommodation services in Cairns, a critical gateway to Australia's Great Barrier Reef. Reef Casino Trust, through its operations, remains an integral part of the local economy, attracting both domestic and international visitors to its facilities.
About
CEO
Employees
1
Address
35-41 Wharf Street
Cairns, 4870, QLD
Australia
Cairns, 4870, QLD
Australia
Phone
61 7 3211 3000
Website
Instrument type
Unit
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Country
Australia
MIC code
XASX