Crown Casino
As Australian Parliamentarians consider their voting positions on poker machine mandatory pre-commitment technologies, the impact on gambling on society, and a sensible and evidence based approach to fix the downsides to gambling, it’s important to consider what regulating this leisure activity will mean to inbound tourism over the next decade and beyond.
To maintain international competitiveness, many Australian casinos have been actively investing in new tourism infrastructure and upgrading existing properties. The total capital expenditure program across Australian casinos exceeds AU$4.4 billion with impressive upgrades to Crown Melbourne and Burswood in Perth, The Star in Sydney, and SKYCITY in Darwin amongst others.
Over the same time, there has been increasing competition from Asia, most notably in the emergence of ‘integrated resorts’ that offer unprecedented opportunities to grow international tourism. Singapore has overseen the construction of two integrated casino resorts at a combined cost of around AU$12 billion.
Continue reading "Kill the pokies and risk killing tourism too" »
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