Sydney casino war continues as The Star reveals plan to build a $500m hotel to compete with rival Crown Resorts.
Packer has stepped down from his position as director of Crown Resorts Ltd., after resigning as chairman of the Australian casino giant.
Australian media reports that James Packer is having talks with potential investment partners about taking Crown Resorts private.
Crown Resorts is seeking to raise $425m to help fund its $1.9b Alon resort project in Las Vegas, but investors are proving wary.
Antigua pass new law to expedite the development of actor Robert De Niro’s Caribbean resort and casino.
The mogul is boosting his stake in the Australian casino operator Crown Resorts Ltd. by 3 percentage points.
Packer is not happy with the performance of Crown Resorts’ Australian casinos, saying it needs to improve its net profit for shareholders.
New South Wales’ gaming watchdog has its watchful eye set on James Packer’s sports betting agency CrownBet’s latest advertising campaign.
Crown Resorts purchases stake in Packer family rural property to give Crown Sydney VIPs “a once-in-a-lifetime taste of rural Australia.”
The low tax rate is attracting the junkets that used to be active in Macau. Two companies are really competing for them now, Crown and Echo.