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Tag Archives: Aquis Entertainment

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…

Australia – Aquis granted an extension to lodge Casino Canberra’s blueprint

The ACT government has extended the deadline for Aquis Entertainment to present an updated proposal for its expansion of Casino Canberra. Aquis confirmed it has been given an ‘undefined extension’ to the government’s initial request to present its finalised blueprint for the expansion by May 14 or risk losing the opportunity altogether. A government spokesperson…

Australia – Aquis accuses ACT government of 17 months of silence

Aquis Entertainment CEO Jessica Mellor has said the Australian Capital Territory government stayed silent for 17 months over plans for the company to invest AU$330m into the redevelopment of Canberra Casino. The government has given Aquis one month to finalise its proposals for a project that will allow it operate 200 slot machines in the…

Australia – ACT government gives Aquis a month’s deadline for Canberra proposal

The ACT government has given Aquis Entertainment Group four weeks to submit its final blueprint for the AU$330m redevelopment of Canberra Casino. Aquis’ initial 2015 proposal which included provisions for 500 slot machines was turned down with the ACT government saying it would agree to 200 slot machines and 60 electronic table games. This decision…

Australia – More losses in Canberra but Aquis remains upbeat

Australia’s Canberra Casino has reported a loss of $13.8m in 2017 although its owner Aquis Entertainment remains buoyant over the property’s future however due to its promised introduction of slot machines and the potential of more international flights direct to the capital. The casino’s directors said they expect it to ‘continue to stabilise over the…

Australia – Aquis moves into final stages of discussions over Casino Canberra

Aquis Casino Canberra has moved into the final stage of discussion with the government in the Australian Capital Territory to transform the casino into a five-star complex complete with slots. The company said it had received in-principle support from the ACT Government to advance to Stage Three of the Investment Proposal process with its planned…

Australia – Canberra casino makes $7.7m loss despite revenue jump

Aquis Entertainment has reported that its Canberra casino made a worsening loss of A$7.7m in 2016, as it waits for the government to approve a redevelopment plan that will see slot machines introduced. Gambling revenue actually increased 21 per cent over the year, reaching $22m. F&B was also up reaching $2.23m for the year and…