• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Crown signs development agreements for Sydney casino

May 28, 2015 Newsdesk Latest News, Top of the deck, World  


Crown signs development agreements for Sydney casino

Crown Resorts Ltd, chaired by Australian billionaire James Packer, said on Wednesday that it is closer to starting development of Crown Sydney (pictured in a rendering).

The Australian casino operator – a joint investor with Hong Kong-listed Melco International Development Ltd in the Macau and Philippines gaming markets – announced that it has entered into agreements with the Barangaroo Delivery Authority (BDA) and Lend Lease Group LLC, “which give Crown the opportunity to develop the Crown Sydney site at Barangaroo South”.

The BDA was set up to oversee the urban redevelopment of that particular waterfront district of Sydney. Barangaroo South is an AUD7 billion (US$5.4 billion) redevelopment on Sydney Harbour.

The project for the casino resort is still “subject to receipt of New South Wales planning approval,” Crown Resorts said in a filing to the Australian Securities Exchange.

Crown Resorts added that it has also signed a construction management contract with Lend Lease.

“The finalisation of arrangements with the BDA and Lend Lease is a significant milestone in the development of the Crown Sydney Hotel Resort,” said Crown Resorts chief executive Rowen Craigie.

“The Crown Sydney Hotel Resort … will be a globally recognisable landmark that will attract thousands of international tourists and help Sydney compete with other global tourism destinations,” he added.

Crown Resorts has been given a ‘Restricted Gaming Licence’ by New South Wales’ Independent Liquor and Gaming Authority, which will allow the company to operate a VIP casino at its planned six-star hotel. The VIP gaming facilities will be for members only, the casino operator said in previous presentations.

The scheme will feature 350 hotel rooms and suites and 80 luxury apartments, along with restaurants, bars, shops and conference rooms, according to the company.


  • tweet
Related articles
  • ‘Stunt Stars’ new slot game from Lightning Box
    ‘Stunt Stars’ new slot game from...

    Jan 05, 2023  

  • Suncity cited as ASIC takes legal action against Star execs
    Suncity cited as ASIC takes legal...

    Dec 13, 2022  

More news
  • Public poll shows fears on POGOs, says Philippine lawmaker
    Public poll shows fears on POGOs, says...

    Jan 27, 2023  

  • Nearly 70k visitors to Macau on 6th day of CNY break
    Nearly 70k visitors to Macau on 6th day...

    Jan 27, 2023  


Latest News

Public poll shows fears on POGOs, says Philippine lawmaker

Public poll shows fears on POGOs, says Philippine lawmaker

Jan 27, 2023  

A Philippine lawmaker says public opinion on Philippine Offshore Gaming Operators (POGOs) would be an important factor when he and colleagues draft a Senate committee report on the economic and...
Read More
Nearly 70k visitors to Macau on 6th day of CNY break

Nearly 70k visitors to Macau on 6th day of CNY break

Jan 27, 2023  

Monster Superlanche ups player fun, says Pragmatic Play

Monster Superlanche ups player fun, says Pragmatic Play

Jan 26, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


384,600

Aggregate number of visitors to Macau during the first six days of the Chinese New Year holiday break



Most Popular

  • LVS flags strong recovery in Macau, capacity bottlenecksLVS flags strong recovery in Macau, capacity bottlenecks January 26, 2023
  • Macau visitor tally tops 318k in first 5 days of CNY breakMacau visitor tally tops 318k in first 5 days of CNY break January 26, 2023
  • CNY may deliver 50pct pre-Covid mass GGR in Macau: JPMCNY may deliver 50pct pre-Covid mass GGR in Macau: JPM January 25, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us