Crown bets on lure of more casinos

Crown bets on lure of more casinos - 23rd Feb 2013





Crown Melbourne Crown Perth Crown Limited James Packer Echo Entertainment

Australian Casinos Casinos Australia

CROWN boss Rowen Craigie has contradicted claims by fellow casino operator Echo Entertainment that Australia can support only one casino per capital city, arguing the country needs a critical mass of luxury resort-style properties to woo Asia's high rollers.

Reiterating Crown's commitment to building a six-star hotel and gaming venue in Sydney, where Echo operates The Star under a sole casino licence, Mr Craigie said Australia controlled just 2 per cent of the global VIP gambling market, presenting a significant growth opportunity.