SYDNEY: A Chinese-Australian investment consortium’s plans to build a multi-billion-dollar mega-casino on the Gold Coast were canned by the state government Tuesday, following an outcry from locals over the size of the complex.
The ASF Consortium, comprising a Sydney-listed Chinese-Australian investment firm and two state-owned Chinese companies, had proposed a Aus$3 billion (US$2.4 billion) so-called integrated resort in the tourist hotspot.
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