Crown is one of Australia’s largest entertainment groups with its core businesses and investments in the integrated resorts sector.
Crown Melbourne is Australia’s leading integrated resort and is one of the most visited tourist destinations in Australia with its dynamic and diverse facilities. Crown Melbourne features luxury accommodation and award-winning dining, world-class gaming, conferencing, shopping and entertainment facilities.
Crown Melbourne operates three hotels with approximately 1,600 guest rooms across Crown Towers (481 rooms), Crown Metropol (658 rooms) and Crown Promenade (465 rooms). Crown Towers was awarded the prestigious Forbes Travel Guide Global Five-Star Award in 2019 for the third consecutive year and is the only hotel in Melbourne to achieve this status.
Crown Melbourne is also Australia’s largest casino. Crown Melbourne is licensed to operate 2,628 gaming machines and 540 table games. The Crown Melbourne casino licence extends to 2050.
Other facilities at Crown Melbourne include: the Crown Conference Centre (7,350 square metres of conference and meeting facilities across three floors), banqueting facilities (including the Palladium’s 1,500-seat ballroom and The Palms’ 900-seat cabaret venue), a broad selection of restaurants and bars, including many of Melbourne’s finest, and a retail precinct featuring prestigious designer brands and luxury retail outlets.
Crown Melbourne attracted over 22 million visits to the casino during the 2019 financial year and is Victoria’s largest single-site private sector employer, with over 12,500 people working across the resort.
Crown Perth is one of Western Australia’s largest tourist destinations, with an exceptional range of entertainment and tourism experiences.
Crown Perth features luxury hotels, world-class convention and gaming facilities, restaurants and bars, a 2,300-seat theatre, and shopping and entertainment facilities.
Crown Perth operates three hotels with approximately 1,200 guest rooms across Crown Towers (500 rooms), Crown Metropol (397 rooms) and Crown Promenade (291). Crown Towers Perth was awarded the Best Overall Hotel of the Year at the 2019 Australian Hotels Association National Awards for Excellence.
Crown Perth currently has approval to operate 2,500 electronic gaming machines and 350 table games. The casino licence extends for the life of the Burswood Property Trust (currently until 2060). Crown Perth is in the unique position of being the only venue in Western Australia to offer electronic gaming machines and table games.
Other facilities at Crown Perth include: large-scale entertainment facilities, with the 1,500-seat Crown Ballroom and 2,300-seat Crown Theatre Perth, along with world-class convention facilities, and a premium selection of restaurants and bars located across the resort in addition to casual dining options.
Crown Perth attracted over 10 million visits to the casino during the period and is the largest single-site private sector employer in Western Australia with over 6,000 people working on site.
Crown Sydney, located at Barangaroo on the foreshore of Sydney Harbour, will be the city’s first six-star hotel and a landmark building with views of some of Australia’s most celebrated icons, the Sydney Harbour Bridge and Sydney Opera House.
The Crown Sydney Hotel Resort will include 349 hotel rooms and suites, luxury residences, signature restaurants, bars, luxury retail outlets, pool and spa facilities, conference rooms and VIP gaming facilities.
Construction of the project is well advanced with the tower past the halfway mark and the fit out of the hotel guestrooms and suites progressing through the lower floors of the structure. The podium structure is complete with exterior glazing and façade work well advanced, enabling interior fit out activities to be progressed in all areas of the podium.
Sales are well advanced for the residential component of the project, “One Barangaroo”.
Crown Sydney remains on schedule for completion in the first half of calendar year 2021. The total gross project cost is expected to be approximately $2.2 billion, whilst the net project cost is expected to be approximately $1.4 billion.
The majority of the construction work is being undertaken by Australian businesses, creating hundreds of construction jobs and benefitting the New South Wales economy.
One Queensbridge Development Site
Crown holds a 50% ownership interest in the One Queensbridge development site, with the remaining 50% interest held by the Schiavello Group.
Crown has reached an agreement to purchase the Schiavello Group’s 50% ownership interest in the site as well as all pre-development assets, including all intellectual property and designs for the project, for approximately $80 million. The transaction remains subject to long-form agreements between Crown and the Schiavello Group.
The purchase represents Crown’s continued investment in Victoria and the Southbank arts and entertainment precinct. The One Queensbridge site is conveniently located adjacent to the Crown Melbourne Entertainment Complex and is capable of supporting a fourth Crown hotel which would deliver significant economic and tourism benefits to Victoria, including additional employment and training opportunities.
Crown Aspinalls is one of the licensed high-end casinos in London’s prime West End entertainment district. Nestled in the heart of Mayfair, Crown Aspinalls offers members and guests an exciting and opulent world of international VIP gaming, in an environment that only London can provide.
Crown holds a 50% interest in the Aspers Group, which operates four regional casinos in the United Kingdom, in Newcastle, Stratford (London), Milton Keynes and Northampton (the latter in a joint venture with Kerzner UK Limited).
Crown holds a 20% interest in Nobu, one of the world’s most recognised lifestyle hotel and restaurant brands. The other investors in Nobu are Nobu Matsuhisa, Robert De Niro and Meir Teper.
Nobu operates 15 owned restaurants, 25 international licenced restaurants and manages nine Nobu hotels. The restaurant business has a pipeline of three new owned restaurants and nine new licensed restaurants. The managed hotels business has a pipeline of eight new hotel openings.
Betfair Australasia is 100% owned by Crown and provides access for Australian and New Zealand customers to the world’s leading betting exchange.
DGN Games is 85% owned by Crown and is a developer of online social games. DGN’s online social game titles include “Old Vegas Slots”, a classic 3-reel game, and “Lucky Time Slots”, a 5-reel game.
Chill Gaming is a 50/50 joint venture between Crown and New Gaming Pty Ltd, which is owned by the founders of Wymac Gaming Solutions. Chill Gaming will focus on innovation and developing new entertaining products.