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Tag Archives: Aquis Entertainment

Australia – Casino Canberra ends successful first half with another closure and owner’s retirement

Improved business volumes and controlled spending saw Australian casino group Aquis Entertainment, owner of Casino Canberra, return to profit in its first half year results to June 30 2021, although the retirement of owner Tony Fung stole the headlines. Mr. Fung stepped down as Chairman and non-executive director, saying there was a need for the…

Australia – Aquis Entertainment keen to re-energise plans to redevelop Canberra casino

Having turned a loss of $3.96m into a profit of $798,201 in 2020, Aquis Entertainment, operator of the Canberra casino in Australia’s capital, has said it wants to kick on with stalled government negotiations to transform the casino into an integrated resort. The company was granted conditional approval in November 2017 to operate 200 electronic…

Australia – GGR back on track for Aquis Entertainment in Canberra

Revenues at Casino Canberra are back at pre-pandemic levels, according to its owner Aquis Entertainment, who announced a loss of USA$2.7m for the first half of 2020. The casino reopened in August with performance so good that Aquis believes it will maintain its medium-term strategy, as well as its original budget forecast with the expectation…

Australia – Casino Canberra stands down 90 per cent of its workforce

Aquis Entertainment, owner of Casino Canberra , has temporarily laid off 190 operational employees with another 20 to follow, equating to around 90 per cent of its workforce due to the coronavirus-related closures. Australian Prime Minister Scoot Morrison ordered all public venues, including restaurants, bars, casinos, to shut down for ‘up to six months.’ Executive…

Australia – Blue Whale to change working structure of Casino Canberra

Blue Whale Entertainment, the new owner of Canberra Casino, is looking to change the structure of the casino’s workforce, if its proposed purchase goes through. Shareholders are set to vote on the sale of the casino to Blue Whale Entertainment on March 21. Blue Water Director Michael Gu said: “We will bring to the company…

Australia – Casino Canberra reduces loss and volatility in 2018

Casino Canberra owner Aquis Entertainment, which was recently bought by Blue Whale Entertainment, made a loss of A$3.4min 2018 but remains hopeful of soon operating 200 pokie machines to boost its revenues. The loss was vastly reduced than that recorded in 2017 when Aquis reported a loss of A$13.8m due to a $5.5m write down…

Australia – ACT finally says no to Casino Canberra’s A$$330m planned expansion

After 17 months of consideration, the ACT Government has told Casino Canberra to scale back its A$$330m plans on a proposed expansion, including the number of gaming machines it plans to operate. Chief Minister Andrew Barr has invited Aquis to consider alternatives for a smaller scale re-development. Mr Barr said: “The government has notified the…

Australia – Aquis reports dip in Casino Canberra’s performance

Amid the collapse of its foray into eSports and the resignation of its CEO, Australian casino operator Aquis Entertainment reported the GGR at its Casino Canberra fell by 3.6 per cent to AU$12.3m for the six months of 2018. However, the company did report reduced losses from AU$4.2m last year to AU$2.2 m this year….

Australia – Canberra casino owner Aquis moving into eSports

Aquis Entertainment, the owner of Canberra casino in the Australian capital, and Executive Sports and Entertainment, an industry leader in the esports sector in Australia and New Zealand, have established QeSports – a joint venture set to aggressively invest in the booming esports market. QeSports will focus on innovation in community and event development, consultancy…