$1.3 Billion Casino Moves One Step Closer

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Friday, November 22nd, 2013
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Construction of Sydney’s first six star luxury hotel resort at Barangaroo South has moved closer with following the passage of legislation though the New South Wales upper house to allow for a second casino in the state.

On Wednesday, legislation outlining conditions set to be imposed a proposed VIP restricted gaming facility which forms part of the proposed $1.3 billion Crown Sydney Hotel Resort on Sydney Harbour passed through the upper house of Parliament and is now almost certain to become law.

The conditions include minimum bet limits, a ban on poker machines and a requirement that gaming can only be conducted by members and their guests.

The legislation also sets out minimum licence fee and gaming revenue tax payments, and stipulates that the gaming facility cannot open before 2019.

Set to be the first international hotel built in Sydney for more than a decade, the new hotel is set to be located at Barangaroo South – the commercial, residential and entertainment hub of the multi-billion dollar Barangaroo regeneration project which will also include offices, apartments, shops, cafes, restaurants and cultural facilities.

Designed by UK based Wilkinson Eyre Architects,  the new resort will feature 350 hotel rooms and suites, restaurants, bars, luxury retail outlets, pool and spa facilities, conference rooms as well as the gaming rooms.

Its layout consists of a complex sculptural form reminiscent of three twisting petals which takes its inspiration from nature in terms of being composed of organic forms without literal or direct reference, whilst the shape of the upper and intermediate levels of the tower is designed to maximise views of Sydney Harbour Bridge and Sydney Opera House.

Whilst legislation to enable a second casino is now likely to become law, Crown still needs required planning approvals before the project can go ahead.

Should it eventually proceed, the new resort is expected to generate around 1,300 employment opportunities during construction.

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