MELBOURNE: Australian casino group Crown Ltd, owned by billionaire James Packer, says it hopes to use the casino licence of its rival Echo Entertainment Group in order to go ahead with a planned luxury hotel development in Sydney.
Crown last week sealed a deal to develop a new hotel and casino resort in Sydney at the harbour-front Barangaroo development, as part of its push to build a global brand in the VIP gaming market and attract more Asian high-rollers.
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