Aquis gets go ahead for $4.2b Queensland mega resort

    Australia’s Foreign Investment Review Board has granted permission for Aquis to go ahead with plans to develop a $4.2 billion resort and casino at Yorkeys Knob in Queensland, local media said. The plans for the Aquis Great Barrier Reef Resort includes nine luxury hotels, an 18-hole golf course, a 25,000-seat stadium and a cultural heritage centre. The company last week bought Reef Casino Trust and hopes to extend that casino license to the new resort.  As a back-up it has also applied for one of two new regional Queensland casino licences on offer by the state government.