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Barangaroo casino report to stay secret

The New South Wales Government says it will not release a report it commissioned into James Packer's proposed billion-dollar hotel and casino at Barangaroo.

The Department of Premier and Cabinet asked consultants Deloitte to assess Crown Limited's proposal.

The consultants were asked to examine whether the assumptions about the economic benefits were correct.

Crown says the resort will boost the state's economy by $ 440 million and the VIP-only casino will deliver an extra $114 million in gaming tax.

The acting premier Andrew Stoner says the government is focused on transparency, but the report contains sensitive information.

"There is public interest in the matter and when the assessment process is complete, that information will be made public," he said.

"In the meantime, we have some sensitive commercial information that was 'cabinet in confidence' and that's why that particular report has not been released."

 

Source: ABC News, 14 January 2012