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.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details