Friday, March 29, 2024

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Aquis to distribute Casino Canberra sale proceeds to shareholders, delist and wind-up company

The former operator of Casino Canberra, in Australia, Aquis Entertainment, has decided to close up shop after selling the casino property in January. The group notes that it plans to distribute the proceeds of the sale to shareholders and, if approved, delist from the Australian Stock Exchange and wind-up the company.

Aquis Entertainment 2022 profit up 4,000 percent on Casino Canberra sale

Aquis Entertainment has reported a 4,009 percent increase in profit for 2022, following the sale of its Casino Canberra property.

Aquis Entertainment finally completes the sale of Casino Canberra to Iris CC Holdings

Aquis Entertainment has officially exited the casino sphere, after the sale of its only casino property, Casino Canberra, was completed.

Aquis Entertainment approved for $42mln sale of Casino Canberra to Iris CC Holdings

Australia’s Aquis Entertainment has announced that it has received casino regulatory approval for the sale of its Casino Canberra property.

Casino Canberra revenues strong, business exceeds budget

Aquis Entertainment said business revenues at Casino Canberra to end June continued to be strong with EBITDA exceeding its budget.

Bidding war heats up for Aquis’ Casino Canberra

Aquis Entertainment said the third-party seeking to trump a bid by Capital Leisure for its Canberra casino is Iris CC Holdings, which has now offered $60 million.

Aquis offloads casino business with $52m sale of Casino Canberra

Aquis Entertainment has agreed to sell its main operating asset Casino Canberra for $52 million, saying it plans to look for other business opportunities. 

Casino Canberra to open this Friday as ACT further sheds restrictions

The Australian Capital Territory (ACT) is set to further lift Covid-19 restrictions across the state from this Friday, paving the way for the reopening of Casino Canberra, operated by Aquis Entertainment.

Casino Canberra closed due to ACT lockdown, Reef reopens

Australian gaming group Aquis says that it has closed its Casino Canberra property, effective from today, as the Australian Capital Territory (ACT), enters a seven-day lockdown.

Aquis to restart talks with government on Casino Canberra redevelopment

Aquis Entertainment says it plans to restart talks with the government over future development plans for Casino Canberra, which were paused last year due to the Covid crisis. In 2018, the government permitted the casino to allow 200 electronic gaming machines.