Parkz News

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Parkz News last won the day on July 1 2019

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  1. Ardent apologises unreservedly to the families for their tragic losses and accepts full responsibility for the terrible tragedy that occurred at Dreamworld in 2016 Ardent apologises, unreservedly, for the past circumstances and failures at Dreamworld that resulted in the tragic loss of four lives and for the deep and ongoing impact on so many people: the families and friends of those who passed away, other guests, first responders, emergency services, Dreamworld team members, and the many other people involved who have also been affected. Click here to continue reading
  2. Village Roadshow releases full year results, commits to ride removals and new additions Closure and downturn from COVID-19 led to predictably disappointing financial results for Village Roadshow's theme park division, where 900,000 fewer guests visited. Despite uncertainty the company is pressing head to have the forthcoming Leviathan wooden roller coaster up and running by Easter while also announcing that they will be removing two yet-unnamed rides at their Gold Coast theme parks. Click here to continue reading
  3. Size doesn't matter: Dreamworld makes concrete moves towards a smaller theme park Dreamworld ditches their only competitive advantages – sheer size and diversity of attractions – as they seek to be "comparable" in ride count to their nearest single competitor. Except their nearest competitor is actually four diverse and growing theme parks. Click here to continue reading
  4. Structural changes, funding injection sees Gold Coast theme park future secured Both Ardent Leisure and Village Roadshow have each announced an injection of $70 million to give both operators a degree of certainty, while the latter moves towards taking the company private. Click here to continue reading
  5. Dreamworld pleads guilty over Thunder River Rapids accident Ardent Leisure, owners of Dreamworld, have pleaded guilty to charges relating to the tragic Thunder River Rapids accident in 2016 that killed four guests. Click here to continue reading
  6. Saddle Up as Australian Outback Spectacular Reopens on the Gold Coast Australian Outback Spectacular joins fellow Village Roadshow Theme Parks attractions, Sea World, Paradise Country and Topgolf to reopen under an industry approved COVID Safe plan, with Movie World and Wet’n’Wild reopening on the 15th July. Click here to continue reading
  7. No-go roller coaster: how Dreamworld banked on a hand-to-mouth recovery strategy they could never afford As roller coaster parts arrive via shipping container from Germany, Dreamworld executives reveal a precarious financial position that's more than just concerning in the face of a global pandemic: the numbers simply don't stack up on their costly recovery gamble. Click here to continue reading
  8. Orange roller coaster track arrives at Dreamworld Bright orange roller coaster track arrives for Dreamworld's forthcoming launched roller coaster. Click here to continue reading
  9. New roller coaster parts arrive as Dreamworld sits in lockdown Dreamworld remains closed under lockdown, however work continues on a couple of coaster projects at the park. Click here to continue reading
  10. Gold Coast theme parks shut as COVID-19 restrictions mount Dreamworld, Sea World, Warner Bros. Movie World, Wet'n'Wild and WhiteWater World as well as Australian Outack Spectacular, Paradise Country and Top Golf have all shut their doors temporarily as restrictions on businesses increase. Click here to continue reading
  11. Dreamworld and Sea World's new roller coasters thrown into doubt amid coronavirus financial chaos Two major roller coasters were due to open later this year at Sea World and Dreamworld. With the global economy plunged into chaos, neither look likely to go ahead on the originally scheduled timeline with both companies freezing all non-essential capital expenditure. Click here to continue reading
  12. COVID-19: Why are the Gold Coast theme parks still operating? An industry that has faced setbacks and serious questions about their ability to offer safe entertainment now cling to loopholes in an effort to remain operating against all reasonable community expectations. Click here to continue reading
  13. Gold Coaster, Hiss-teria & Steel Taipan: Dreamworld reveals potential roller coaster names in trademark applications With a new launched roller coaster due in late 2020 and an announced update of Hot Wheels SideWinder on its way, the first hints about themes come by way of recent trademark registrations for the names Gold Coaster, Hiss-teria and Steel Taipan. Click here to continue reading
  14. Another one bites the dust: Log Ride joins Dreamworld's long list of recently closed rides The Log Ride joins Tower of Terror and Wipeout as the third major ride to close at Dreamworld in twelve months and one of many in recent years. Click here to continue reading
  15. Ignite Your Senses at Sea World Carnivale The ultimate party, Carnivale returns to Sea World for selected nights in January these school holidays. Click here to continue reading