Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo

Powered by MOMENTUM MEDIA

Goodbye job applications, hello dream career
Seize control of your career and design the future you deserve with LW career

Firms play role in casino development approval

Baker & McKenzie and Ashurst played a part in the NSW Government’s approval of James Packer’s Barangaroo resort.

user iconDigital 15 November 2013 Big Law
Firms play role in casino development approval
expand image

Firms: Baker & McKenzie (NSW Government); Ashurst (Crown)

Deal: James Packer’s proposed $1.5 billion Crown Casino resort development at Barangaroo

Area: Real estate/ Corporate

Value: $1.5 billion

Key players: Partner David Holland (pictured) led the Bakers team, with assistance from partners Sebastian Busa, Geoff Wood and Howard Fraser

Deal significance: The 70-floor resort is expected to include 350 six-star hotel rooms, 80 luxury apartments, celebrity chef restaurants, at least 120 tables and 10 private VIP gaming saloons. As part of the terms of the deal, Crown is banned from offering poker machines and its overall gaming space will be restricted to 20,000sq m. It is to be a ‘high-roller’ casino and locals will only be able to play if they are approved to join a Crown membership club.

Tags
Comments (0)
    Avatar
    Attach images by dragging & dropping or by selecting them.
    The maximum file size for uploads is MB. Only files are allowed.
     
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    Posting as
    You need to be a member to post comments. Become a member for free today!