It’s all systems go for Tony Fung’s $8 billion Aquis Great Barrier Reef project, except for one thing—the casino.
On Friday, Australian media outlets reported that the Hong Kong-based gaming tycoon has canned its plans to add the flagship casino to the project, for now at least.
Local news outlet sbs.com.au quoted Queensland Treasurer Curtis Pitt saying the developers will withdraw its Integrated Resort Development (IRD) application that was needed to get a casino license from the government.
Pitt said that with the casino application out of the way, the developers can focus on submitting the planning requisites and constructing the first phase of the project as early as next year.