Tag Archives: Reef Casino
- Tony Fung pens open letter regarding Aquis project; OLGR defends its investigation
November 28, 2014
Aquis Group Chairman Tony Fung has penned an open letter to reaffirm his commitment in developing the A$8.15 billion casino project in Cairns, Australia. According to Fung, the project will now require a “comprehensive review” that could pave the way for a lot of “difficult decisions” after the company’s A$260 million offer...
- Aquis casino project under review after Reef Casino sale falls through
November 24, 2014
Hong Kong billionaire Tony Fung’s $8.15 billion ($7.1 billion) Aquis resort and casino project has been put on hold after his pending purchase of the Reef Casino fell through. Aquis "will be undertaking a strategic review of its plans and development timetable over the coming months" after Queensland's Office of...
- Saipan firm eyes $4B casino in Northern Mariana; Reef Casino directors support Fung acquisition
October 23, 2014
Another group of Chinese investors, Saipan Jinghua Investment Inc., expressed its interest to score a casino project on the island of Tinian, Northern Mariana Islands. The company proposes a $4 billion project to build a 300-hectare integrated resort and casino. Saipan Jinghua’s registered agent, David C. Sablan, told the Marianas Variety...
- Tony Fung plans Aquis listing on Hong Kong Stock Exchange
September 25, 2014
Hong Kong billionaire Tony Fung will list his Aquis development company on the Hong Kong Stock Exchange with the hopes of tapping the Asian equity markets to help fund his massive $8 billion Aquis mega casino resort in Cairns, Australia. In a conversation with the Australian Financial Review (AFR), Fung...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016