Mysterious mega resort coming to Great Barrier Reef

As mentioned above, Mr. Fung’s company is to build an A$8-billion mega resort featuring a large casino floor, more than 7,000 hotel rooms, and a number of entertainment, retail, and food and beverage options. Cairns already has a high number of problem gamblers, and it is domestic pokie players who typically help prop up Australian casinos. Queensland casino licence, but neither The Star nor Australia's largest casino operator, Crown Resorts, are likely to make any moves given their full project pipelines. Aquis Great Barrier Reef Resort in Cairns, in far north Queensland, says it is hoping to release its environmental impact statement (EIS) within the next month. Yorkeys Knob mega casino gained approval from the state government. Aquis Great Barrier Reef Resort will be the largest gaming complex in Australia. Several obstacles remain before that’s a reality, including an array of economic, social, and environmental concerns. The Aquis resort is also going to have a first-rate convention centre and concert hall, along with a 25,000-seat sports complex. A commensurate shopping centre complex is also in the works. With an expanding Chinese middle class, tens of millions of Chinese tourists in the coming years are expected to have the cash for foreign vacations, though they might never have had that opportunity before. Queensland since 1996, when he began investing in various economic projects in the area. The 61 year old Mr Fung, once nicknamed “The Bad Boy of Stocks” in his native Hong Kong, says the environmental impact will be negligible. Aquis Great Barrier Reef Resort at Yorkeys Knob will be the largest, most exciting tourist destination in the Asia-Pacific region. World Heritage listed Great Barrier Reef and Wet Tropics rainforests, as well as the Cairns International Airport, Aquis will compete on the world stage to attract tourists to Cairns and Far North Queensland, benefitting the local, state and national economies. Only 21 spacious apartments are available in this boutique development. Aquis Great Barrier Reef Resort will be Australia’s largest, most exciting, integrated resort. On completion, Aquis will attract more than 1,000,000 visitors per year to Cairns and Far North Queensland, injecting billions of dollars into the local economy. World Heritage listed Great Barrier Reef and Wet Tropics rainforests, as well as the Cairns International Airport, Aquis will compete on the world stage to attract tourists to Cairns and Far North Queensland, benefitting the local, state and national economies. Thursday, Queensland's Coordinator-General approved the environmental design of Aquis, a Macau-style casino and resort featuring 7500 hotel rooms, an aquarium, theatres, conference centres and a sporting precinct with an 18-hole golf course. Bob Manning confirmed at the meeting that the proposed light rail between Gordonvale and Palm Cove would not commence for some time yet and that over the four years, Council would engage a consultant to undertake a feasibility and finance study. He acknowledged that it would be necessary to discuss this with State and Commonwealth in the future. Cr Manning also commented that the Cairns Post did not report correctly his statement about the costings. There was also confusion with Cr Jesse Richardson advising some residents that another scenario may include the construction of a bike path, instead. Cairns stated that they were willing to talk to anybody that wanted to invest $8Billion into our economy, and that it was the responsibility of council to ensure proper process once the material change of use (MCU) application is received by the proponent. Integrated Resort Development (IRD) process needed for casino approval, advising that the modified project has a "very strong chance of progressing" if it meets planning prerequisites and construction on a $2 billion first stage.

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