Fung raises pressure for Cairns resort plan support


Hong Kong businessman Tony Fung has raised the pressure on Queesland officials and community leaders to quickly rally behind his plans to develop the A$4.2 billion ($3.8 billion)  Aquis Great Barrier Reef casino resort in Cairns. “I won’t say that if I don’t get approval by such and such a date that I will walk away,” he told the Australian newspaper. “But there should be a cut-off. The window of opportunity that is available to us is limited in timeframe.”

Some residents have expressed worries about the impact of the massive scale of the project, which would include nine luxury hotels and Australia’s largest casino. Speaking to another newspaper, Fung said the project “will not happen without the overwhelming support of the local community.  I think (so far) it has been extremely positive.” He also told Business Review Weekly that he is open open to working with existing casino operators such as Crown Ltd. “If you go to Macau your colleagues think you are a gambler,” Fung said, explaining his marketing pitch. “But if you say you are going to Cairns and the Great Barrier Reef, then you are still a family man.”