$30 million reduction in land sold to Crown
02 Oct 2014 - The Barnett Government sold the former golf course land on the Burswood peninsula to Crown for $60 million, $30 million less than the valuation. .
The land valued at $95million was sold to James Packer's Crown Limited for $60million.
It was also revealed in the Weekend West that the sale of the land was on the condition that Crown allowed the Government to build its new 60,000-seat sports stadium elsewhere on the peninsula. Weekend West 8/3/14
The evidence came to light in documents presented to the Supreme Court.
In a Ministerial media statement announcing the sale of the land and the construction of a new hotel 'Crown Towers' the State Government also indicated that it would not oppose an application for 500 additional gaming machines and 130 gaming tables. Ministerial Media Statement 1/8/12