RAJ REPORT

Will the Labor Party negative team finally back AQUIS AND THE FUNGS ——This is the best news for Cairns in decades—–Aquis backers the Fungs set to make Reef Casino and hotel world class in Cairns | Business News | Business and Finance News | | Cairns Post

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HONG Kong billionaire Tony Fung plans to turn the Reef Hotel Casino in Cairns into a world-class venue independent of his proposed $4.2 billion Aquis Great Barrier Reef Resort.

Despite the $269 million takeover of the Reef Casino Trust, the Fungs remain “110 per cent” committed to the mega-resort but have abandoned plans to try to extend the Reef Casino licence to Yorkeys Knob.

Instead they will continue to proceed with the expressions of interest component of the integrated resort development application.

 

 

 

Aquis backers the Fungs set to make Reef Casino and hotel world class in Cairns | Business News | Business and Finance News | | Cairns Post.

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