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Mr James Parker’s new casino gets a thumps up from the NSW Planning Assessment Commission (PAC). The flagship of the Crown Casino Resorts, which will also be Sydney’s second casino received the approval from the Commission and the government.
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Recently, Crown has been focused on its casino properties in Asia, tapping into an emerging market for high rollers from China and the Philippines. However, tightening restrictions on gambling in Macau has seen profits quickly decline – so, James Packer has reset his focus on the Australian gambling market.