A public park at Barangaroo that was due to be finished before Crown opens its waterfront tower might not be completed for another five years, as the ILGA inquiry casts doubt over the casino tower's December opening.
Crown Resorts is unlikely to lose its license to run a new $2.2 billion property in Sydney following an inquiry into its suitability, J.P. Morgan says in a note.
The New South Wales Independent Liquor and Gaming Authority public hearings into the practices of Crown Resorts resumed on Monday having been suspended in April due to the first wave of the Covid-19 pandemic. At stake is the company’s license for the soon-to-be-completed A$2.4 billion (US$1.7 billion) casino at Barangaroo, central Sydney. The focus of […]
Crown Resorts’ Sydney VIP venue is set to open three months ahead of schedule – in Christmas 2020, according to company founder James Packer, local media reports. Packer made the comments whilst touring the construction site of the multi-billion Barangaroo development on Wednesday. Construction is now around 75 percent complete, with 55 floors in place. […]
The Star Casino will be allowed to give credit to international high-rollers in the same way as Crown will under the government’s proposed new set of casino regulations, local media reports. The NSW government, in a draft response, supported most of the 194 recommendations made under the “casino modernisation review,” which included the cutting of […]
Crown Resorts’ new VIP casino that is planned for Barangaroo in Sydney will not be permitted to operate pokies, even though the high roller market has weakened significantly since the property was first envisaged, local media reports. NSW Premier Gladys Berejiklian said even if James Packer could not lure the clientele he was hoping to […]
Crown Resorts will soon be facing a Sydney community group in court, which alleges the NSW Planning Commission had illegally handed over the land to Barangaroo without a fight. According to local media, the Millers Point Fund Inc, a group representing the residents of nearby Millers Point, has alleged that the NSW Planning Assessment Commission […]
Crown Resorts Ltd has announced it will “vigorously” defend a legal challenge to its casino complex at Sydney’s Barangaroo development. In a filing to the ASX on Tuesday, Crown said it had been served with legal proceedings from the Millers Point Fund Incorporated, challenging the validity of the decision made by the NSW Planning Assessment […]
Crown Resorts has received conditional approval for the construction of its Crown Sydney Hotel Resort at Barangaroo South, according to a filing to the Australian Stock Exchange on Tuesday. The NSW Planning Assessment Commission made the call, which includes approval of the modifications to Barangaroo’s concept plan. “This is an extremely important day for Crown,” […]
Crown Resorts has reportedly made changes to the design of its Barangaroo casino project to address concerns raised by the Department of Planning NSW, reports The Australian. The state planning department was reported to have recommended conditional approval of the Barangaroo project providing the size of the podium, which houses the casino, be reduced and […]
Australia-listed Crown Resorts has announced a 18 month delay of its $2 billion six-star development in Barangaroo, Sydney – which will push its opening to 2021, local media reports. “Obviously the delay in the planned opening of Crown Sydney is regrettable,” said Crown chief executive Rowen Craigie quoted by Sydney Morning Herald. “We can’t lodge […]