{"id":753,"date":"2020-06-03T00:16:28","date_gmt":"2020-06-02T14:16:28","guid":{"rendered":"https:\/\/uberpokies.org\/?p=753"},"modified":"2020-06-06T04:35:07","modified_gmt":"2020-06-05T18:35:07","slug":"no-pokies-at-crown-sydney-until-2041-thanks-to-star-casino-deal","status":"publish","type":"post","link":"https:\/\/uberpokies.org\/no-pokies-at-crown-sydney-until-2041-thanks-to-star-casino-deal\/","title":{"rendered":"No pokies at Crown Sydney until 2041 thanks to Star casino deal"},"content":{"rendered":"
Star Entertainment\u2019s deal with the NSW government effectively blocks its upcoming rival, Crown Resorts from installing poker machines at its new Sydney casino for the next 21 years.<\/p>\n
Further stipulations of the deal include a more favourable tax rate for gambling operations at its Pyrmont venue, where a restricted number of patrons were recently allowed in. This is the first time the venue\u2019s doors have opened since March 23.<\/p>\n
According to Star, the agreement with the NSW government means it will continue to operate the only casino in Sydney with poker machines, and that it is also entitled to compensation if Crown is permitted to install pokies at any time before June 30, 2041.<\/p>\n
Crown has consistently denied industry speculation that the group is aiming to have the license for its $2.2 billion casino amended to permit poker machines.<\/p>\n
\u201cWe now have certainty that it won\u2019t happen,” said Star chief executive Matt Bekier.<\/p>\n
\u201c[It] guarantees the operating environment for which we\u2019re paying our taxes, and it de-risks our business for the next 21 years, which is a great thing.”<\/p>\n