Crown Resorts’ Sydney casino moves forward with NSW government accord

Crown Resorts said it has reached an accord with the New South Wales government over its planned $1.3 billion development at Barangaroo. Legislation will be introduced in parliament this week for the final approval. The luxury six-star hotel and VIP resort is slated to open from November 2019. “Crown will build a landmark for Sydney, an architectural icon to rival some of world’s best buildings,” Crown Chairman James Packer said in a statement. “We believe that Crown Sydney will help attract Asian high net worth travellers to Sydney, in particular from China, creating economic growth, extra taxes and over 1,200 jobs for the people of New South Wales”.