High rollers still on the menu as Crown and Star lock horns | Colin Kruger
in 2019 that examined Crown’s irresponsible treatment of problem gamblers and its relationship with high-roller “junket” operators linked to powerful Asian criminal gangs., which is still impacting both Crown and Star, is another unwelcome juggle for the newly opened facility.
Whether it succeeds in wooing them will be clearer in October when its exclusive high-roller floor opens. Market analysts no longer track Crown as it is a private company, but in December last year, Macquarie forecast that Barangaroo could end up with 35 per cent of Sydney’s tables-based gambling market by the 2025 financial year. This is expected to be worth $923 million. Macquarie forecast VIP turnover of $10 billion by 2025.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘They’re asking for change’: New plan unveiled for unloved Sydney suburbNSW has revealed plans for a major redevelopment of a public housing estate in Riverwood to replace 1000 ageing units with close to 4000 private and social housing dwellings.
Read more »
Go west, if you can: desperate Sydney tenants priced out of rentals, even far from CBDApplicants are being forced to pay more rent for less, and those who can’t miss out entirely
Read more »
Barriers to be thrown open during Sydney train strikes - with a catchThe Rail, Tram and Bus Union announced there will be rolling strikes through August to voice their demands to the government over safety concerns on the New Intercity Fleet. 9News
Read more »
Meth disguised in olive oil and worth $25 million seized in SydneyDisguising a massive shipment of meth as a common kitchen item was not enough to slip it past the Australian Federal Police, who seized the drugs in Sydney&x27;s south-west last month.
Read more »
Sydney prepares for mega City2Surf after two-year hiatusSydney is preparing to host the world’s largest fun run with 70,000 people expected battle the City2Surf track winding from the Sydney CBD all the way to iconic Bondi Beach this weekend.
Read more »
Meth disguised in olive oil and worth $25 million seized in SydneyDisguising a massive shipment of meth as a common kitchen item was not enough to slip it past the Australian Federal Police, who seized the drugs in Sydney&x27;s south-west last month.
Read more »