‘White elephant’ fears for Crown Sydney casino as China warns citizens not to travel to Australia

Posted by on June 10, 2020 8:30 pm
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Categories: Global Stories

Industry observers question the viability of the Barangaroo project relying solely on foreign high-rollers

The Chinese government directive urging its citizens not to travel to Australia threatens to render a still under construction $2.2bn casino complex on Sydney harbour a “white elephant”, according to industry experts who say the project can no longer rely on income from high-roller gamblers from China who were central to its business model.

Gambling academics and city planners have all expressed concern over the future of Crown’s Sydney casino at Barangaroo as a result of the Chinese Ministry of Culture and Tourism’s warning to Chinese residents “to enhance their safety awareness and do not travel to Australia” issued last week, citing a spike in racism during the coronavirus pandemic. 

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