Fung revises $8bn Cairns casino project - Gambling news

A mega-resort and casino planned for Cairns is back on track following stalled negotiations with the Queensland government over the $8 billion project. A new DA was originally slated for submission to Douglas Shire Council in June 2019, but Crystalbrook Collection's ambitious redevelopment of the Port Douglas marina remains in the design and planning phase. CQUniversity campus The go-getting uni has talked about plans to expand beyond its current Cairns Square building and into bigger premises of its own in the CBD. Watch this space. Ellis *****Proposed Aquis Resort Casino in Cairns***** Chinese billionaire Tony Fung is proposing to build a $3.8 billion(US) casino resort in Cairns, a project that could drastically increase the “I’m proud to be part of a government that’s delivering the new tourism infrastructure that Cairns needs to grow.” The shortlisted companies will be required to lodge fully-developed proposals with the government by July 2019. The $4.2 billion project, funded by Chinese billionaire Tony Fung, includes nine luxury hotels, an 18-hole golf course, a 25,000-seat sports stadium, and an international class casino to be built The new casino is stated to contain an additional 1,500 poker machines and that's a very large number for a small town like Cairns. And we've estimated that the addition of 1,500 new poker Tony Fung scraps $8 billion Cairns casino project. Published August 23, 2016 Updated October 09 , 2017. Tony Fung has thrown out his plans for an $8 billion casino development in Cairns, citing a change in public demand for integrated gambling resorts. The Hong Kong billionaire and his firm, Aquis Entertainment, have been pushing since 2010 for approval to build a new upscale resort at Yorkey Cairns casino project could go ahead. THE team behind the Aquis Great Barrier Reef Resort project in Cairns has signed an agreement to re-enter the process after negotiations had stalled. AAP REEF HOTEL CASINO project. Clubs (licensed), licensed premises, casinos, taverns, Hospitality type at 35-41 Wharf St (cnr Abbott St), Cairns, QLD 4870 A mega-resort and casino planned for Cairns is back on track following stalled negotiations with the Queensland government over the $8 billion project. Treasurer Curtis Pitt announced on Saturday the team behind the Aquis Great Barrier Reef Resort project had signed an agreement to re-enter the government's integrated resort development (IRD) process.

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