A proposal to place a AU$5 spin limit on poker machines at Canberra Casino have been met with dismay by the Gaming Technologies Association (GTA). The news follows introduction of legislation by the government of the Australian Capital Territory (ACT), which allowed the venue to add 200 poker machines to its gaming floor, ending the long standing gaming machine monopoly …
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Tony Fung acquires discounted Canberra casino
Hong Kong billionaire Tony Fung is set acquire Canberra’s ailing casino from Casino Austria International for AUS $ 6 million (£3.10 million). Australian Capital Territory (ACT) Racing and Gaming Minister Joy Burch approved the sale to Fung’s investment enterprise Aquis after reviewing redevelopment plans put forward by the Billionaire. Australian news sources report that Fung and his Justin negotiated the …
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