Aquis Entertainment is specialized in the development and operation of integrated resort projects that concentrate a wide range of tourism-oriented attractions into single, large-scale facilities. Integrated resorts comprise hotels, convention centres and a diverse range of entertainment including restaurants, gaming, shopping and shows.Aquis Entertainment owns Casino Canberra and is actively looking to grow its Australian operations.
Aquis Entertainment has reported a wider loss for the half year ending June 30th, but said business has returned to pre-shutdown levels despite restrictions in place and therefore it's moving ahead with its medium-term strategy.
The Australian Capital Territory this week has allowed the pokie machines to be turned back on and Casino Canberra to reopen its doors after six months of mandated business suspensions. Chief Minister Andrew Barr has put no limit on the size of individual groups who can drink in bars, clubs, and pubs, but the cap […]
Aquis Entertainment said it’s still open to investors to participate in its plan for an integrated resort in Canberra’s central business district after proposed partner Blue Whale Entertainment dropped out.
Australia’s Aquis Entertainment said it was standing down 90 percent of its staff and executives are taking a pay cut after the closure of its Casino Canberra property as a result of the coronavirus.
Blue Whale Entertainment’s proposed acquisition of Aquis Entertainment may be terminated due to a lengthy approval process by the ACT gaming regulator. First announced in December 2018, the transaction involves Blue Whale Entertainment Pty Ltd Blue Whale, an Australian company majority-owned by iProsperity Group CEO Michael Gu, which is seeking to acquire interests of up […]
Jessica Mellor, the executive director and CEO of Aquis Entertainment tendered her resignation on Tuesday, and will leave the company in February 2019, according to a filing to the ASX. The company, which operates Casino Canberra in Australia, said that Ms. Mellor is departing for personal reasons. She was first appointed as CEO of Aquis […]
Queensland is set to kick start its efforts to establish new IRs in the state four years after a previous round of bidding ended with little progress. The Queensland state government is set to invite investors in late July or August to register their interest in the development of a new large-scale integrated resort with […]
Aquis Entertainment and Executive Sports and Entertainment have reportedly launched a joint venture called QeSports to invest in the esports market.
Integrated resort operator Aquis Entertainment has announced the resignation of one of its key directors, Justin Fung. Mr. Fung is the son of Aquis chairman Tony Fung, a Hong Kong billionaire. According to a filing to the ASX, Justin has decided to exit the business in order to focus on the family’s horse racing and […]
Hong-Kong based integrated resort operator Aquis Entertainment Limited responded to recent media reports that alleged that the company had “gone cold” in its $256.4 million bid to rebuild Casino Canberra. On Monday, the ACT government wrote to the Hong Kong operator, giving the company until May 14 to finalize its proposal. Gaming Minister Gordon Ramsay […]
The company behind the A$330 million (US$256.4 million) expansion of Casino Canberra has been given one month to finalize its proposal, the Canberra Times reports. Last week, the ACT government wrote to Hong-Kong based Aquis Entertainment, giving the company until May 14 to progress its bid to rebuild the casino. The proposed plans for Canberra […]
Hong Kong billionaire Tony Fung may win out after the Queensland government rejected a planned $3 billion project from the ASF Consortium last week. According to the Gold Coast Bulletin, Fung bought a 11,600 square meter plot of land in Surfers Paradise last year for $40 million in the expectation that the ASF project would […]
Queensland is seeking expressions of interest for a third casino in the state after plans for an A$8.1 billion ($6.2 billion) dollar investment from the Aquis Group, backed by Hong Kong investor Tony Fung, were dropped. Speaking at the ASEAN Gaming Summit, David Edwards project CEO of State Development, said there had been strong interest […]
Queensland’s Treasurer Curtis Pitt says Cairns’ doors are wide open for another major investor to build an integrated resort and casino in the region, local media reports. The tourism industry has “moved beyond a recovery phase into a boom period,” and is well positioned being so close to the international airport, said Pitt. With the […]
Aquis developers have said they are happy to comply with a renewed probity check after reapplying for a casino license for its proposed multi billion-dollar resort at Yorkeys Knob, local media reports. Aquis dropped out of its first probity check in February 2015 after failing to provide vital information. A Queensland’s Office of Liquor and […]
The ACT government has given approval for multi-terminal table games, so gamblers can play baccarat, roulette and sic bo on individual screens, local media reports. The previous rules only allowed for the Aquis-owned casino to host rapid roulette as a semi-automated game, with the rest played only as table games. The number of terminals in […]
Aquis Entertainment owned Canberra Casino will reopen its doors on Friday after a A$14 million (US$10.4 million) refurbishment aimed at international gamblers, local media reports. On Thursday June 9, Aquis Entertainment and Cox Architecture hosted an opening party with over 600 guests to celebrate the opening. “Quite frankly, this casino is unrecognisable from what it […]
ClubsACT has slammed the government for offering Canberra’s casino access to 200 poker machines, local media reports. In a statement released by ACT Chief Minister Andrew Barr last week, the casino has been offered access to up to 200 of the ACT’s 5,000 poker machines. The offer was in response to Aquis Entertainment’s February proposal […]
A new consortium has been formed between Hong Kong businessman Tony Fung and two Chinese development companies who are reportedly willing to finance Aquis’ proposed $8.15 billion Aquis Great Barrier Reef Resort, local media reports. The alliance, formed with Chinese developer Tandellen and CCCC International Holding Limited (CCCCI) are an important milestone for Aquis’ Queensland […]
Hong-Kong-based Aquis Entertainment, owner of Canberra Casino, wants the Australian Capital Territory (ACT) government to allow pokies at the resort as part of its A$330 million (US$235.6 million) redevelopment, local media reports. Aquis has reportedly lodged a proposal with the government to liberalize the market and allow 500 pokies to be placed in the […]
ClubsACT has begun an online petition in an attempt to gather opposition against poker machines in the new Aquis-owned Canberra Casino, local media reports. Currently, ACT’s community clubs-based gaming model doesn’t allow poker machines for commercial purposes. The ACT government has not yet finalized its position on reversing the ban, whilst the Canberra Casino hopes […]
Australian casino and integrated resort operator, Aquis Entertainment, reports Casino Canberra had revenue of $2.2 million ($1.6 million) in Nov. 2015, following the record October result of $2.4 million. The result is a 62 percent increase compared to Nov. 2014.
Aquis Entertainment plans to spend A$330 million ($235 million) to upgrade Casino Canberra to create a resort including one six-star ultra high-end hotel and a 100-suite five-star property extending to six storeys, company managing director Justin Fung told the Canberra Times. However, the investment will be largely contingent on pokie machines being allowed into the […]
Gaming and real estate development group Aquis confirmed its commitment to the Aquis at the Great Barrier Reef Resort by extending the deeds to the site at Yorkeys Knob, north of Cairns. The deeds cover 11 separate land holdings controlled by six different land owners and allow Aquis to acquire the sites at any time […]
Discovery Resources, to be renamed Aquis Entertainment, has completed the acquisition of the Casino Canberra, with Hong Kong tycoon Tony Fung to become chairman of the combined group. In accordance with the terms of the share purchase agreement, 149,421,874 fully paid ordinary shares in the capital of the company were issued to Aquis Canberra Holdings […]
Gaming group Aquis announced it has appointed former Jupiters Hotel and Casino managing director Aaron Gomes as a senior consultant for new projects. Gomes was managing director of Jupiters from October 2012 to June 2014, responsible for all operations of the property, including overseeing more than 2,000 employees and planning for a $400 million capital […]