553218 comments

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br%3E%0D%0A%0D%0AThe%20Latin%20American%20community%20in%20Canada%20also%20faces%20social%20isolation%20and%20discrimination.%20Many%20Latin%20Americans%20struggle%20to%20integrate%20into%20Canadian%20society,%20facing%20cultural%20barriers,%20prejudice,%20and%20discrimination.%20This%20can%20lead%20to%20feelings%20of%20isolation%20and%20exclusion,%20making%20it%20challenging%20to%20build%20meaningful%20relationships%20and%20connections%20with%20their%20Canadian%20neighbors.%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0A%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0AConclusion%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0A%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0AIn%20conclusion,%20the%20growing%20Latin%20American%20community%20in%20Canada%20has%20had%20a%20significant%20influence%20on%20the%20country's%20cultural%20and%20economic%20landscape.%20The%20community%20has%20brought%20new%20vues,%20ideas,%20and%20traditions,%20contributing%20to%20Canada's%20cultural%20richness%20and%20diversity.%20The%20community%20has%20also%20made%20important%20contributions%20to%20Canada's%20economy,%20creating%20jobs%20and%20promoting%20economic%20growth.%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0A%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%0D%0ADespite%20the%20challenges%20faced%20by%20the%20Latin%20American%20community%20in%20Canada,%20they%20est%20constant%20to%20make%20valuable%20contributions%20to%20Canadian%20society.%20As%20Canada%20continues%20to%20grow%20and%20evolve%20as%20a%20diverse%20and%20multicultural%20country,%20the%20Latin%20American%20community%20will%20undoubtedly%20play%20an%20important%20role%20in%20shaping%20its%20future.%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22field_pays[value]%22%0D%0A%0D%0AVanuatu%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22changed%22%0D%0A%0D%0A%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22form_build_id%22%0D%0A%0D%0Aform-a77eb933d33fb39c4723aec27d113131%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22form_id%22%0D%0A%0D%0Alivredor_node_form%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22field_ville[0][value]%22%0D%0A%0D%0ARouen%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22field_email[0][email]%22%0D%0A%0D%0A%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8%0D%0AContent-Disposition:%20form-data;%20name=%22op%22%0D%0A%0D%0AEnregistrer%0D%0A------WebKitFormBoundarygCg1DaHrMXNWWqG8--
• Comment Link Saturday, 18 January 2025 10:50 posted by gambling

  Star Entertainment Group's chief executive has pleaded with the QLD and NSW governments to give his company a tax
  break as the entire casino chain faces bankruptcy
  in the coming weeks. 
  
  Chief executive Steve McCann requested on Friday the last-minute
  relief on gaming taxes in both states in order to avoid Star Group being placed into administration.
  
  The casino is quickly running out of cash despite selling
  off some of its assets which would, even still, be unlikely
  to save its dire situation. 
  
  Without an exemption, multiple prominent venues run by the gaming behemoth across both states could close
  their doors by February, with the CEO warning that could have far more devastating impacts on the economies of both states than missing out
  on tax revenue.
  
  The company said it is currently burning through roughly $50m a month.
  
  
  Nine thousand hospitality jobs are on the line if Star
  were to go under, Mr McCann said. 
  
  'For Star to be able to complete the job, and when I say that I mean the job
  of the remediation and turning around the business, we
  need more time,' Mr McCann told Newscorp on Friday.
  
  
  'It is achievable, but not without that time. 
  
  'We have been engaging with our key stakeholders and explained to our
  lenders what we think we need and to governments what we think we need.' 
  
  
  
  
  Star chief executive Steve McCann has asked the NSW and QLD governments for a tax break
  
  
  
  
  
  Star Entertainment Group could run out of
  money within the next six weeks according to their biggest stakeholder (pictured:
  Star Casino in Brisbane, part of the $3.6billion Queen's Wharf) 
  
  The future of Star's casinos in Sydney, Brisbane and the Gold Coast - along with the thousands
  of jobs they provide - remains in doubt.
  
  The gaming giant warned this month that it has only $79million in its
  bank accounts and is struggling with a downturn in the number
  of gamblers at its venues along with more than $100million in fines it was slapped
  with over license breaches.
  
  Analyst Angus Hewitt from investment research firm Morningstar told clients in a note that without a lifeline
  'the company would be lucky to make it to February 28'.
  
  
  The group's new crown jewel - a casino in the massive $3.6billion Queen's Wharf project in Brisbane - had
  its grand opening just a few months ago and could
  see its doors swiftly close again in February, according to its largest stakeholder. 
  
  Pub tycoon Bruce Mathieson sounded the alarm this week that Star Casino could 'go bankrupt
  or be bought' within weeks as the company continues to burn through its
  cash reserves.
  
  More than 3,000 staffers across the casino, hotel and retail areas help run the Brisbane precinct alone and all could go jobless if it were
  to close, sparking an assurance from Premier David Crisafulli that those affected would be looked after.
  
  
  If Star does go bust however, it would be the largest corporate collapse since Virgin Australia buckled under Covid pressures
  in 2020.
  
  The Brisbane venue and Star's other locations in Sydney and on the Gold Coast could be divided up and sold should its
  money run out before a solution is found. 
  
  
  
  
  Queensland Premier David Crisafulli has assured the casino precinct's 3,000 workers
  their jobs are safe yet has refused to offer
  the casino a bailout 
  
  
  
  
  
  Star's $3.6bn Brisbane precinct opened in August 2024 and has battled dire financial issues ever since 
  
  Queensland Treasurer, David Janetzki, has been in discussion with Star but has warned that the Queensland government was unlikely to bail the
  operator out. 
  
  Mr Crisafulli did not speculate on what would happen to
  the casino but offered his reassurance for anyone whose jobs have been left hanging in the balance.
  
  
  'I'm very confident regardless of the ownership - that's not saying
  one way or another - but regardless of what happens with the ownership of that entity
  the focus has to be on making sure there's jobs here,' he said.
  
  
  'We're not in the business of being concerned about the corporate suits who sit around a company.
  The future of Star is a matter for Star.'
  
  Mr Crisafulli stressed the importance of making sure the area remained a business and recreational hub regardless of
  who operates the Star's current building.
  
  'Our focus is on the men and women who work there, not on casino joints,' he
  said.
  
  Mr McCann also lobbied the New South Wales government for financial
  relief in 2024 but Premier Chris Minns was quick to rule out that option. 
  
  The NSW premier pointed to his concerns that any handouts would 'primarily support the
  Star's Queensland expansions' instead of addressing any
  problems with its operations in his own state.
  
  Star's cash reserves dropped 46 per cent between September and December, the casino giant told the Australian Stock Exchange this week.
  
  
  Since September 30 the casino has lost $70m and now
  only has $79m left on hand. 
  
  A number of landers have warned Star Entertainment could
  be in voluntary administration within months. 
  
  
  
  
  The group's Sydney casino (pictured) could be sold off as the company burns through cash
  
  
  
  
  Read More
  
  Aussie construction giant collapses leaving 1,300 apartments worth $1.5billion unfinished
  
  
  Mr McCann told stakeholders his main concern was to 'try to deliver a viable
  outcome for the business'.
  
  'The focus is on saving jobs and providing a sustainable future for our 9,000 hardworking team members,'
  he said.
  
  Prior to Queensland's state election in October Labor had awarded Star a casino license which the new LNP government has since contested. 
  
  Mr Crisafulli said the casino failed to fulfil its earlier
  commitments regarding tenant accommodation, dining and retail spaces.
  
  
  'There were commitments that were given that weren't fulfilled, but let's focus on the immediate priority and
  that is the workers who are there,' the premier said.
  
  Star Entertainment had also propositioned the previous Labor government
  for financial support which similarly did not materialise.
  
  
  Labor was not satisfied that if Star did collapse that it
  would ever get its money back and the casino refused to stop paying
  its executives bonuses.
  
  Mr Hewitt told his Morningstar clients he did not believe Star could get on its feet before its cash ran out. 
  
  'Star needs a more immediate solution and we believe
  it is unlikely it can trade itself out of this predicament,' he said.
  
  
  
  Star Brisbane officially opened on August 29, 2024, two
  years behind schedule. 
  
  The $3.6 billion precinct was planned to open in stages with phase one of its reveal focusing on restaurants, bars and public spaces.
  
  
  Within days of its opening however, it was already requesting
  tax relief from the then-Labor government which Premier Steven Miles entertained prior to the election. 
  
  'The worst case scenario would be that they have to close their doors not
  long after opening them,' Mr Miles said in September. 
  
  Star has casinos in Brisbane, Gold Coast and Sydney,
  with its Gold Coast location being the largest casino in Queensland. 
  
  
  QueenslandBrisbaneSydney
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• Comment Link Saturday, 18 January 2025 10:46 posted by Zuma789

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• Comment Link Saturday, 18 January 2025 10:45 posted by https://forums.ngames.com/forum/league-of-angels/community-ab/general-discussion-ab/46934-D0BCD183D0B6D181D0BAD0B8D0B5-D0B1D0BED182D0B8D0BDD0BAD0B8

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