Packer to Invest $1.2B in New Sydney Casino

Packer to Invest $1.2B in New Sydney Casino Play

July 5 (Bloomberg) -- Crown Ltd., the gaming company controlled by billionaire James Packer, moved a step closer to developing a A$1.3 billion ($1.2 billion) casino in Sydney, beating a rival proposal from Echo Entertainment Group Paul Allen reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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