8th July 2014
Crown announced to the ASX they had Govt Approval for new Sydney Casino !!!
'Crown and its chairman, James Packer, are committed to building a truly iconic six-star hotel for Sydney that will be recognised globally,' Mr Craigie said.
'Crown Sydney will help bring additional international and domestic tourists to Sydney, create over 1,200 jobs and generate significant economic growth for NSW.'
Crown won the rights to build and operate the Barangaroo Point complex after a bidding war with the owners of Sydney's existing The Star casino.
At the close on Tuesday, before the announcement Crown's shares were 10 cents lower at $15.79
A lot has happened since that announcement !!!
Chairman and CEO stepped down !!
Share price now $12.69
Will Crown Barangaroo be completed ???
Hope so !!
Hot Trading Hot Capital
Will Crown Complete New Sydney Casino ??
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