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Australia: Hong Kong developer to invest in Cairns gambling resort

6 June 2014

AUSTRALIA -- Hong Kong developer Tony Fung Wing-Cheung plans to invest A$8.15 billion in Cairns to build a casino resort, according to a South China Morning Post report.

The developer wants to style the resort along the lines of Macau's resorts, the report said.

The resort will be situated on an old sugarcane farm and will have 7,500 hotel rooms, the South China Morning Post reported.

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