The dearth of real, public information on the Aquis Casino project has many in the community starting to speculate on the financial capability of Tony "我们的救星" Fung. As one community activist has said, "the Fung family is just acting like a much bigger version of the Freebody's". Put on a big show, with fancy graphics and continual manipulation of the media, and use that to get the investors you don't have.
The big PR push is occurring out-of-sight, in Mainland China and Hong Kong where the Fungs will need to source the cash to build this massive project.
With headlines like "Far North Queensland Low Investment Risk" and "Tony Fung Looks for Casino Mates", this has all the hallmarks of a project without finance in-place. And the stories in the Chinese language (which have jumped on Google from 1176 to over 30,000) look to be deliberately misleading. The assignment of a Queensland State Government Coordinator General to the project is instead being quoted in Chinese as "Queensland Government Cooperation" (“合作项目”). In a communist country where "government cooperation" means both money and "greasing the wheels" (关系), this small error tells a Chinese investor the project is a "sure thing". It means the project is guaranteed by the government.
It is also grossly misleading, with the potential to backfire on the Joh Bjelke Newman LNP government. We understand Gavin "Don't Rape Me" King was made aware of this issue weeks ago.
Despite the Cairns Post continually referring to "Billionaire Tony Fung", the Chinese and Hong Kong press only refer to him as "businessman" or "property developer". A real billionaire like Li Ka-Shing is referred to as such. And the Fung's don't appear in either Forbes "Chinese Billionaires" or "Richest Hong Kong" citizens. While some people manage to fly "under the radar", can this be the case with such a high-profile developer? Clearly the Fung's have money, but enough to finance a $4B Aquis? For the thousands of tradies and local businesses who are being told this is a "gravy train" of riches, we all know who the victims are when these property developers run out of money.
Meanwhile, the Cairns nonRegional Council has to send a delegation of councillors to Macau and Singapore to get a first-hand look into what is being proposed HERE. Bob "Sleepy" Manning has no compunction comparing the project to the Singapore Marina Bay Sands. And although he's been heard agreeing that a first-hand look is important for the council, apparently it smacks too much of work for this lazy bunch of posers. Gavin King too has not visited these sites, but apparently has no compunctions parading with a companion around the Reef Casino.
As questions mount about every aspect of the proposed project, the PR spin continues unabated. The Aquis Casino Facebook page has been stocked with thousands of "paid likes", also a Freebody trick. Well, those opposing the project are starting to weigh in as well. The clip below was promoted to the HBW as "hysterically funny". We didn't find it "hysterical", but when the public starts laughing at you, it isn't good. . . .
(Editors note: We wanted to link the various stories in the Cairns Post about dudded tradies when Hedley, Udo Jattke, CEC Group (Roy Lavis) and CMC (Peter Watson) went bankrupt. The Cairns Post and Townsville Bulletin have deleted all the negative stories about these construction companies and individuals (leaving a few "positive" stories). Even previously indexed stories come up as "page missing". This kind of media manipulation undermines Cairns as a business investment site. It's the kind of "media manipulation" that would occur in a place like, say, Mainland China or North Korea.)