NSW Premier says no intention to allow poker machines at Crown Sydney
Summary
NSW Premier Chris Minns has firmly stated that the government will not allow the introduction of poker machines at Crown Sydney, despite recent discussions with Crown regarding potential exemptions to existing agreements. This decision stems from an ongoing monopoly held by The Star Sydney on poker machines in NSW casinos.
Key Points
- Chris Minns has ruled out changes to the legislation preventing poker machines at Crown Sydney.
- Crown Sydney is currently at a competitive disadvantage compared to The Star due to the restrictions on poker machines.
- The exclusivity agreement with The Star requires substantial tax contributions in return for its monopoly.
- Recent reports highlight that the regulation of gaming machines in NSW is not effectively minimising harm.
- These discussions come amid a significant decline in international VIP markets.
Why should I read this?
If you’ve got any interest in the gaming industry or what’s happening with Crown Sydney, this is definitely worth your time. The Premier’s firm stance has huge implications for the local casino landscape and could impact Crown’s future strategies. Plus, it’ll keep you in the loop about ongoing discussions surrounding gaming regulations in NSW.