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It is not yet clear whether the company has the right to claim compensation for financial losses

It is hopeful that the Queensland government will make the right decision to avoid such legal prosecution.

Earlier, ASF Consortium director Luis Chien officially announced that he is currently discussing various opportunities with the Queensland government to realize the casino project and is seeking a compromising decision. Chien explains that the main purpose of the meeting is to ask senior Queensland officials to make a fair decision, and says he will take legal action against the government if the administration fails to present an appropriate solution in time. On Monday, the ASF consortium announced a loss of A$12.1 million to date, accusing Prime Minister Annastasia Palashzuk of rejecting the project after initially approving it.

ASF Consortium Plans Resort Casino
In short, earlier this year, Queensland's chief executive, Palaszczuk, announced her final decision to cancel ASF's casino project, explaining that she did not want to turn the spectacular Gold Coast into a casino area, protecting the best interests of her people. What appears to be an apology for the feud, however, is the fact that in 2014 ASF was selected as the preferred operator of the resort and its second Gold Coast casino.

Later, China-backed ASF was planning to establish a gambling house, which, according to the company's initial plan, was to establish an integrated casino resort on Wavebreak Island. However, this sparked a backlash as environmentalists expressed concern that such large-scale construction work was aimed at destroying the environment, which is also one of the major tourist attractions.

Shortly after AFS's initial plan was rejected, the company came up with another proposal to set up a gambling facility in Southport Spit on the Gold Coast. The project focused on both gambling and non-gambling entertainment, including casinos, hotel rooms, shopping areas, and conference facilities.

A few months after the government approved the AFS, public consultations revealed that the community was opposed to the establishment of casino resorts. Therefore, Mr. Palaszczuk had to cancel the casino project. This has angered casino investors who are ready to start a legal battle against the Queensland government.

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