The Parkz Update: Around the grounds at Village Theme Parks
As we head into winter we check in on the goings on at the three main Village theme parks on the Gold Coast. The new slides at Wet 'n' Wild have been delivered to site. Over at Sea World progress has slowed on Leviathan. Incremental improvements continue at Movie World in time for their 30th anniversary.
Village Roadshow Theme Parks Announces New Attractions
Village Roadshow Theme Parks, Australia’s premier theme park operator, is excited to announce an exciting multi-million-dollar investment program of new attractions launching across its Gold Coast properties in the coming months.
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.
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.
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.
Village Roadshow CEO: Dreamworld is no longer a competitive factor
The owners of Movie World, Sea World and Wet'n'Wild have reported theme park earnings of nearly $40 million for the half year and a record-breaking January period just hours after the announcement of a $12 million loss at Dreamworld.
New share price lows as Village Roadshow blames poor theme park performance on Commonwealth Games and wet weather
Share prices have dropped to near 8-year lows off the back of yesterday's announcement of poorer-than-expected performance of Village Roadshow's Gold Coast theme parks as well as their cinema division.