By Australian Associated Press and Ryan Lipman The NSW government has granted James Packer's Crown Resorts a 99-year licence to operate a casino within its planned hotel development at Sydney's prime Barangaroo South site. In return, Crown will pay the government $100 million within five business days, not including a $5 million deposit paid last year. Under the restricted licence, no poker machines will be permitted at the Crown Sydney Hotel Resort complex, on the southern end of Sydney's Harbour Bridge, once it begins operations after November 15, 2019. The NSW government has granted James Packer's Crown Resorts a 99-year licence to operate a casino in its hotel located at a Barangaroo South
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NSW government has granted James Packer a 99-year casino licence
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It will be in Packer's planned hotel at a Barangaroo site in Sydney
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Crown Resorts must pay government $100 within five business days
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Sydney's second casino is set to net the government at least $1 billion in taxes
'Crown Sydney will help bring additional international and domestic tourists to @placeholder, create over 1,200 jobs and generate significant economic growth for NSW.'