Australian casino operator Crown Resorts’ international retreat took another step backward on Thursday via the sale of its Las Vegas landholdings to Wynn Resorts.

On Thursday, Crown announced that it had agreed to sell its interest in a 34.6-acre piece of vacant real estate on Las Vegas Boulevard to US casino operator Wynn Resorts for US$300m. After accounting for minority interests, Crown said its share of the proceeds will come to roughly $264m.

The land in question is directly across the Las Vegas Strip from Wynn Las Vegas, and Wynn has reached a separate deal to buy an additional four acres of land adjacent to the Crown land. The additional purchase brings Wynn’s total outlay to $336m.

Wynn described its enlarged Vegas footprint as “a unique assembly of contiguous real estate of approximately 280 acres.” Wynn isn’t saying much regarding its plans for this space, saying only that whatever emerges will “further change tourist visitation patterns in Las Vegas drawing more visitors to the north end of Las Vegas Blvd.”