Queensland Scraps ASF Resort

The government of Queensland, Australia has scuttled plans by ASF Consortium’s to develop a $7 billion-plus integrated resort on Australia’s Gold Coast. Environmentalists had worried about a cruise-ship terminal...

Published May 11, 2015

Fung: Aquis Is a Go

Hong Kong businessman Tony Fung Wing Cheung (l.) says he is committed to developing his planned Aquis Great Barrier Reef Resort in Queensland, Australia. Rumors had circulated that a...

Published May 4, 2015

Crown Raises $630M

Taking advantage of low interest rates, Crown Resorts raised $630 million by offering 6.3 million subordinated notes at an issue price of $100 per note. The funds will be...

Published May 4, 2015

In Russia, Ho a No-Go

Lawrence Ho’s long-stalled casino project in Russia’s Primorye gambling zone has been delayed yet again. Now officials with First Gambling Company of the East say the $700 million resort...

Published April 13, 2015

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