27 Apr 2021

Crown Sydney Liquor Licence - Update

Crown Resorts Limited ABN 39 125 709 953 Level 3, Crown Towers, 8 Whiteman Street, Southbank VIC 3006 ASX/MEDIA RELEASE FOR IMMEDIATE RELEASE 27 April 2021 CROWN SYDNEY LIQUOR LICENCE – UPDATE MELBOURNE: Crown Resorts Limited (ASX: CWN) (Crown) refers to its announcement of 16 December 2020 and announced today that the New South Wales Independent Liquor and Gaming Authority (ILGA) has granted new liquor licences to Crown Sydney Property Pty Ltd which will allow for the continued service of alcohol in non-gaming areas of Crown Sydney beyond the expiry of the current liquor licences. The new liquor licences have been granted for the period 1 May 2021 to 31 October 2021. A copy of the News Release made by ILGA is attached. Crown’s Executive Chairman, Helen Coonan, said: “Crown is continuing to work through the consultation process with ILGA as it seeks to restore regulatory confidence in its operations and give effect to the Restricted Gaming Licence in Sydney. “Crown welcomes ILGA’s approval of the new liquor licences for Crown Sydney Property Pty Ltd which will allow guests to continue to enjoy the non-gaming facilities at Crown Sydney as we work through this process.” ENDS This announcement was authorised for release by the Disclosure Committee. Investor and Analyst Enquiries – Matthew Young, Investor Relations, 03 9292 8848. Media Enquiries – Natasha Stipanov, Corporate Affairs, 03 9292 8671. COPIES OF RELEASES Copies of previous media and ASX announcements issued by Crown are available at Crown's website at www.crownresorts.com.au News Rele ase ____________ ___________________________ _________ Le vel 6, 323 C astlereagh Str eet , Sydney NSW 2000 G PO Bo x 3 970 , Sydney NSW 2001 Tel +61 2 9995 0599 Fax +61 2 9211 0062 ww w. ilga .nsw.gov.au ABN 42 496 653 3 61 27 April 202 1 LIQUOR LICEN CE S APPROVED FOR CROWN ’ S BARANGAROO C ASINO The NSW Independent Liquor & Gaming Authority has today approved three interim liquor licences fo r Crown ’ s Barangaroo resort. The licences permit alcohol to continue to be sold w ithin the Cr own Barangaroo resort at a number of non - gaming bar areas and two ground floor restaurants within the facility. ILGA chair Philip Cr awford said the licences had a gain been issued on an interim ba sis and will expire on 31 October 202 1 . T h ree i n terim licen ces were issued last December prior to the opening o f non - gaming areas. “ Late last year , I LGA agreed to work wi th Crown Resorts to enabl e the opening of accommodation, restaurants, bars and entertainment a reas , ” Mr Crawfor d sa id . How ever, ILGA’s position on Crown Sydney’s gaming operations has not changed with t he A uthority still considering and assessing Crown ’ s responses to the issues arising from the Bergin Report. “ The se issues ar e detailed and complex , and Cr own is required to under take signific ant change to satisfy the Authority that it is on a pathway to regain suitability to hold a gamin g licence . It will take time for Cr own to fully implement that change and for the Authority to give it proper c onside ratio n b efore determining the most appropria te course of action , ” Mr Crawf or d sa id . Media: 0438 108 797
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