Reef casino trust tony fung

Australia Voices Concern Over Tony Fung’s Casino ...

3 Dec 2014 ... ... made by Tony Fung regarding his proposed casino in Cairns. ... of the Reef Casino Trust rested solely on the shoulders of the regulator for its ... HK billionaire Tony Fung looks to build hotel on Australia's Gold Coast 29 Dec 2016 ... Hong Kong billionaire Tony Fung's plans for Cairns may be in the lurch, but that ... Rendering of the shelved Aquis casino resort in Cairns. Cairns casino sale: Tony Fung 'yet to provide crucial information ...

Queensland casino nearly in Tony Fung's control

Tony Fung's Purchase of Reef Casino Trust Faces Criticism The Australian Competition and Consumer Commission is concerned about the purchase of the Reef Casino Trust by Chinese billionaire Tony Fung. The agency views the purchase as an attempt by Mr. Fung to reduce competition in the Queensland region for his Aquis Project.. Concerns are being voiced by regulators in Queensland, as well.

Tony Fung has plenty of money and support for his proposed takeover of the current Reef Hotel Casino in Cairns. Now, he has also secured a key approval that leaves him close to capturing the Queensland casino and building a massive resort near the Great Barrier Reef.

Queensland Premier Campbell Newman said his government won’t be bullied into taking shortcuts to speed approval for Hong Kong financier Tony Fung’s purchase of The Reef Hotel Casino in Cairns, a deal Fung’s Aquis Group has linked to its proposed development of an A.15 billion destination on the coast not far from the city. Chinese billionaire bids on Australian casino firm • This ...

GGRAsia – Tony Fung’s Aquis acquires Casino Canberra

The Reef Casino Trust, which currently manages The Reef Hotel Casino, the only casino resort in Cairns, announced that it is to partially refurbish the venue after the terminated acquisition deal with Hong Kong businessman Tony Fung and Aquis Developments. In addition, the trust is also planning to ... Why Reef Casino Trust's shares soared more than 40% | Motley ... Reef Casino Trust shares have soared by 44% in mid-morning trading, after the company received a takeover offer from Hong Kong billionaire Tony Fung. Mr Fung’s Aquis Casino Acquisitions has made ... Tony Fung gambles A$8.5b on Macau-like gambling resort in ...