Articles About Tony Fung

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Can Colosal Cairns Casino Complex Creation Continue?

Can Colosal Cairns Casino Complex Creation Continue?

Nich Moore December 22, 2014 19:04:02

The latest proposal for a mega casino complex hoves to in Australia where the Fungs are planning a six star resort in Northern Queensland To look at the snazzy graphics and conceptual art depicting the proposed Aquis casino you’d think you’d accidentally clicked on a trailer for the next series of Star Trek. The idyllic […]

Australia Reinvents Itself as the New Hotspot for Casinos

Australia Reinvents Itself as the New Hotspot for Casinos

Monica E. August 28, 2014 11:26:51

Now that the mining industry has slowed down, Australian authorities are looking for new opportunities to create jobs and boost tourism. The Land Down Under is slowly becoming the latest hotspot for gambling companies, who are hoping to attract Asian high rollers to their new casinos. In a few years, Australia will be offering much […]

Australia is Looking to Become the New Gambling Destination in Asia

Australia is Looking to Become the New Gambling Destination in Asia

Toni July 3, 2014 15:34:27

Australia unveils massive projects for integrated casinos and resorts, as they look to appeal to Chinese high-rollers. Asian high-rollers will catch notice of Australia’s efforts of establishing a new and exciting gambling hub. A number of new casino developments are underway, which will undoubtedly attract the biggest gaming enthusiasts. Besides creating facilities that will generate […]

Casino Bids for Brisbane Complex Heat Up Between Billionaires

Casino Bids for Brisbane Complex Heat Up Between Billionaires

Jennifer W. May 28, 2014 17:35:52

Things are heating up down under in the battle to develop a new casino resort in Brisbane, Australia. On the shortlist are Hong Kong billionaire Cheng Yu-Tung and Crown Resorts Ltd.’s James Packer, who have been selected to send in the proposals to open the new gambling complex in the city center. Queensland is a […]

Asian Consortiums to Build Integrated Casino Resorts in Queensland

Asian Consortiums to Build Integrated Casino Resorts in Queensland

Jennifer W. May 27, 2014 21:13:11

Down Under in Brisbane, after a Hong Kong billionaire teamed up with a Chinese-Australian investment consortium the group have won bids to build multi-billion dollar mega casinos in the Queensland area. The bid win made the headlines in Australian gambling news since the state government ruled out all other contenders. The AUD 8.15 billion Aquis […]

19 Casino Developers Interested in the Queensland Casino Market

19 Casino Developers Interested in the Queensland Casino Market

Monica E. March 6, 2014 18:15:44

The Government of Queensland announced 19 bidders will be competing for the state’s three casino licenses. Casino developers are preparing to compete for the licenses made available under Australian gambling laws. Up to three new casino resorts are expected to be built in the state of Queensland, in the next few years. The state government […]

Chinese Company Aquis Takes over Casinos in Canberra and Queensland

Chinese Company Aquis Takes over Casinos in Canberra and Queensland

Monica E. February 26, 2014 18:40:19

Billionaire Tony Fung will soon be the new owner of the Reef Casino in Queensland and Casino Canberra. The Aquis Great Barrier Reef Resort Group is preparing to take over the only casino in Cairns, Queensland. According to local gambling news, the company paid $269 million to take over the Reef Hotel Casino, bringing it […]

Can Australian Casinos Truly Make Inroads into Asia?

Can Australian Casinos Truly Make Inroads into Asia?

Monica E. February 21, 2014 17:24:08

James Packer is planning to build a casino that will make Sydney a top destination for Asian high-rollers. Australian casinos have come up with what they believe is a sure strategy for success: targeting high-rollers. With so many big spenders in the world of gambling, casino mogul James Packer is planning on investing $1.5 billion […]