Without China's VIP's and "Whales", where does this leave Crown's Barangaroo project?
Dead. Speared by a Chinaman.
With this "death" so too the Crown Business Model.
The "...roo" no longer.
Why? Because according to published materials this is exactly what the Sydney "Icon" was designed to attract. Just as the other 2 Crown Casino's are doing...only on a massively increased scale.
Given this, why the hell did James Packer gamble it all by taking on China Inc.? President Xi Jinping?
IMO, it's a no contest battle. No brainer. There will only be One Winner...and it won't be James Packer or Crown!
DYOR
Is Barangaroo Dead?
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