NSW Premier says no intention to allow poker machines at Crown Sydney

NSW Premier says no intention to allow poker machines at Crown Sydney

Summary

NSW Premier Chris Minns has confirmed that the state government will not allow the introduction of poker machines at Crown Sydney. His comments come after reports of discussions between Crown and the Gaming Minister regarding potential exemptions to existing agreements that currently limit poker machine operations to The Star Sydney. Crown seeks competitive parity in the market, especially after the downturn of the international VIP segment.

Source: CT Moreover

Key Points

  • Premier Minns rules out legislation for poker machines at Crown Sydney.
  • Crown argues that its inability to operate slot machines places it at a competitive disadvantage.
  • The Star Sydney holds exclusivity under a current agreement with the NSW Government.
  • New regulations on gaming signs are in effect to minimise gambling harm.
  • Concerns grow over the effectiveness of NSW gaming regulations as highlighted by a recent Australian Auditor-General report.

Why should I read this?

If you’re interested in the dynamics of the Australian gaming industry, this article is a must-read. It highlights significant legislative decisions impacting major players in the market, with ramifications for competition and regulation. Stay informed about how these developments might affect local gaming landscapes!