James Packer gives up Crown Resorts shares to settle sibling debt Sadonna Price Latest Casino and Gambling NewsAustraliaEconomy/Finance August 29, 2016 0After reaching a settlement with his sister Gretel, James Packer has decided to pay the debt owned via the agreement...
Crown Resorts break-up plan gets positive response from Australian government and regulators Renee Kingsley Latest Casino and Gambling NewsAustraliaMacauFinancial Press Releases August 19, 2016 0Crown Resorts announced in June 2015 that it planned to break up its casino empire by separating its international business...
Crown Resort’s $2 billion Barangaroo casino project faces legal challenge from local community group Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsAustraliaFines, Lawsuits & Litigation August 3, 2016 0Just when Crown Resorts thought that it had cleared all major hurdles involved in the construction of its $2 billion...
Sri Lanka government rejects casino investment plans Adam Morgan Latest Casino and Gambling NewsCasino NewsSri Lanka July 22, 2016 0The Prime Minister for Sri Lanka, Ranil Wickremesinghe, has reportedly broke with the policies of his predecessor after announcing that...
PAC approves $2b casino at Barangaroo; Crown Casino, Sydney set for final approval Kim M Latest Casino and Gambling NewsAustraliaCasino project updates June 28, 2016 0After 18 months’ worth of delays due to a number of setbacks, James Packer’s $2 billion Crown Barangaroo is on...
Crown Resorts placed on Rating Watch Negative Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/FinanceMergers, Acquisitions & Partnerships June 20, 2016 0Australian casino operator Crown Resorts has been placed on Rating Watch Negative by credit ratings agency Fitch Ratings after it...
Packer unveils plan to super-size Queensbridge Hotel Tower Adam Morgan Latest Casino and Gambling NewsAustraliaCasino expansion projects May 13, 2016 0Australian billionaire James Packer has suggested turning the proposed Queensbridge Hotel Tower in Melbourne into the country’s tallest building and...
Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m MacauCasinos.com Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships May 9, 2016 0Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s...
New South Wales architects ask Planning Assessment Commission to reject Crown’s Barangaroo Casino tower Renee Kingsley AustraliaCasino NewsCasino project updatesLicenses April 29, 2016 0James Packer’s Crown Resorts has pushed hard to speed up its Barangaroo casino project in Sydney as the Australian billionaire...
Crown Barangaroo waits for final approval after following state department’s recommendations Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAustraliaCasino openingsCasino project updatesLicenses March 30, 2016 0James Packer’s Crown Barangaroo has faced a number of setbacks that has resulted in an 18 month delay. While Crown...
Alon Las Vegas may be delayed beyond 2018: Updated Lars Jones Latest Casino and Gambling NewsLas VegasCasino project updatesEconomy/FinanceNevada March 2, 2016 0The story today seems to be much as it was in December when Larry Gandler, a gaming analyst for Credit...
Crown Resorts will go to court to fight new $362 million tax bill from Australian Tax Office Renee Kingsley AustraliaTaxationNevada February 18, 2016 0The Australian Tax Office (ATO) caught billionaire James Packer’s Crown Resorts completely by surprise when it sent across an amended...
Managing director says, Star booked full over Chinese New Year Kim M Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsGaming Industry NewsOceania Casino News February 5, 2016 0Ahead of the Lunar New Year celebrations, The Star Sydney Casino & Hotel overlooking Darling Harbour in Pyrmont, Sydney has...
Star Entertainment proposes 200 meter hotel tower in Sydney to compete with Packer’s Barangaroo Casino Resort Renee Kingsley AustraliaCasino expansion projectsChinaAsian Casino NewsOceania Casino News January 4, 2016 0The fierce competition between Star Entertainment and Crown Resorts, two of the biggest casino operators in Australia, is working out...
Australian billionaire James Packer steps down from Crown Resorts board of directors Renee Kingsley Las VegasAustraliaCasino openingsMacauOceania Casino NewsMergers, Acquisitions & Partnerships December 21, 2015 0Billionaire James Packer, the son of the late Kerry Packer played a key role in transitioning the family business from...