Aquis looks to increase revenue through VIP gambling

Aquis Entertainment hopes to increase revenue at its Casino Canberra in Australia by targeting VIPs. The company’s owner, Hong Kong developer Tong Fung, has said that the move will be the catalyst to shore up hemorrhaging seen by the casino since 2017. In announcing the shift to VIP gaming, Fung said, “A changeover in business […] The casino got off to a good start, with its first two years of operations seeing revenue gains. In October 2015, Aquis posted gaming revenue of $2.4 million, up 62% from the previous month and 80 Other Operators See the Aquis Casino Loss an Opportunity. Last year, Aquis Group was given access to begin construction of an upper-class resort in Cairns and a large gambling venue was part of the available facilities according to the preliminary plan. The announcement made by the government gave the go-ahead to other gambling operators eager to get a license, and build a casino in Queensland International Casino Review. Wednesday, December 2, 2020 About; GB Media; Advertising; Press Enquiries Aquis drops casino for Great Barrier Reef resort, leaves Queensland license up for grabs. By Jasmine Solana. 1 April 2016. Tags: aquis, Australia, Curtis Pitt, Jasmine Solana, tony fung. It’s Casino Statistics; Employment; Casinos by operator; Online Casinos. Casinos by category Online casino directory; New online casinos; Live dealer casinos; Casinos by country; Casino software; Casinos by currency; Casinos by language; Rogue Casinos ; Online slots; Casino bonuses; Payment methods; Gaming jurisdictions Aquis Displays Tenacity and Hope. The purchase price for Casino Canberra seemed low. There was a catch to the license, however. The ACT government restricted the casino to table games only, no poker machines.. The reason for the licensing limitation was due to the influence of Canberra’s clubs and pubs with the ACT government. Aquis leaders Tony and Justin Fung reportedly held high level talks with Brisbane treasurer Curtis Pitt earlier this week. Pitt said the move would allow Aquis to begin development of its integrated resort without needing to remain in the Integrated Resort Development process, which is vital to securing a casino license. “I welcome the proponent’s commitment to progressing with a large On 23 December 2014, pursuant to section 22 of the Casino Control Act 2006, Aquis Canberra Pty Ltd was issued with a licence by the ACT Government to operate a Casino at 21 Binara Street, Civic. This Licence is issued subject to licence conditions and is the only licensed casino in the ACT. Casino Employee Licences. Pursuant to Section 41 of the Casino Control Act 2006 a person must have a Aquis Entertainment has until May 14 to show commitment to the redevelopment of Casino Canberra. The National Capital Authority, the body set up to manage the …

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