O’Farrell Won’t Let Crown Casino Open in Sydney Before 2019
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Crown Ltd.’s planned casino in Sydney targeting high-rolling Asian gamblers won’t open until exclusivity rights held by Echo Entertainment Group Ltd. expire in 2019, according to New South Wales Premier Barry O’Farrell.
The casino and hotel at the Barangaroo development site, west of Sydney’s central business district, would be run under the same probity and regulatory arrangements as Echo’s Star complex, O’Farrell’s spokesman Cameron Hamilton said in an e-mailed statement today. The rival complexes would face each other across a stretch of Sydney Harbour.