Luxury hotel, casino added to Sydney's Barangaroo project

05/1/2013 | Wall Street Journal, The

The $6.21 billion Barangaroo project in Darling Harbour, Sydney, Australia's largest city, has changed from its original vision to include a luxury hotel and casino in addition to more office space. "VIP gaming is essential to make this project commercially viable," says Todd Nisbet, a spokesman for the billionaire behind Crown, which is investing in the project and also owns casinos in Perth and Melbourne.

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Wall Street Journal, The

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