Packer punts on $10b casino play

Original article by Perry Williams
The Australian Financial Review – Page: 19 : 20-Oct-15

Australian-listed Crown Resorts plans to build a 90-storey hotel and apartment tower in Melbourne in partnership with the Schiavello Group. The new hotel is slated for completion in 2019 and is expected to feature a new brand that could be used for other hotels that are in Crown’s extensive development pipeline. Crown hopes the new hotel will attract more high-rollers and tourists, and will be pitched at the upper end of the market.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, SCHIAVELLO GROUP PTY LTD, ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, MELCO CROWN ENTERTAINMENT LIMITED, WILKINSON EYRE ARCHITECTS

Leave a comment