Crown Resorts launched legal action against the New South Wales government. The issue is over its new Sydney casino based in Barangaroo. They are claiming that another development at the precinct lurks views from its casinos to the Sydney Harbour.
Crown Resorts and NWS Government
Crown, reported an improved profit on Thursday and also accuse the Barangaroo Delivery Authority of failing to meet its obligations to Crown to discuss other developments at the area.
“These duties include consulting with Crown casino about every request for the proposed area of Central Barangaroo. The request that varies from that which was given for in the pertinent Plan for Barangaroo in existence. This was at the time that the Crown Development Contract was entered into, and also negotiating in good faith. Moreover, agreeing with Crown Casino and Lend lease any obligatory changes to that request to ensure sight lines from the Harbour Bridge to the Sydney House are recalled for the Sydney Hotel Resort.”
According to Crown Casino
Crown casino says it still remains on track to finish the new casino in the first half of 2021 financial year. In 2016 December, Millers Point residents in Sydney had lost their court case to prevent the building of a second casino on the Barangaroo site, which was reserved as a public park. Crown has not yet given a detailed statement on any specific development application that threatens to obstruct its views.
Mr.Packer quit the Crown board early this year after citing mental illness. He bought two floors for residential of Crown casino under-construction Sydney building for about $60 million. There is a lot that is taking place at the moment and Crown has also been in the news. We can only hope that all is going to be good and the casino is also going to do great.