The former chief executive of Blackstone’s Crown Resorts asked the NSW government for permission to acquire poker machines for its Sydney casino to offset the loss of international high-rollers with a new source of gambling revenue.
Crown, once majority-owned by billionaire James Packer and bought by the private equity giant for $8.9 billion in 2022, is struggling to attract big-spending customers to its gaming floor at Barangaroo as stricter regulations deter big spenders from gambling in Australia. Crown Sydney has never offered poker machines.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
