It’s great news the Queensland Government is intending to increase the number of casino licences (see this ABC News report), given the boost this could give to tourism and the Queensland budget. I’ve previously commented that there is:
Further, if it’s clever about the process of allocating the licences, the Government could extract a large share of the economic rents (i.e. super profits) that would accrue to the holders of the new licences. It could do this through a well-designed auction of the licences. Then Clive Palmer might not be frustrated in his bid to get a casino licence (see this Sunshine Coast Daily report on Mr Palmer’s bid: Maroochydore touted as Coast’s best casino option).
While concerns have been expressed about the possible adverse social impact of having more casinos (e.g. this Conversation piece: What are the odds new casinos lead to social harm?), I expect new casinos would have a negligible impact. Pokies are already so widely available at pubs and clubs I can’t see how the new casinos provide any significant addition to the opportunities for gambling-related harm.