James Packer | World Casino News

James Packer increases stake in The Star Entertainment Group Limited

July 17, 2017

Latest Casino and Gambling News, Australia, Economy/Finance, Mergers, Acquisitions & Partnerships

The man behind Australian casino giant Crown Resorts Limited, James Packer, is reportedly part of an investments vehicle that last week purchased a significant stake in rival operator The Star Entertainment Gro...

James Packer sells Crown notes for $100m

Alex Lanter

March 20, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

Australian casino tycoon James Packer has gathered more than $101 million (AUD) from selling a million subordinated notes in Crown Resorts Limited to the company last week, according to an Australian Stock Exch...

Rowen Craigie reportedly set to leave Crown Resorts Limited

Adam Morgan

February 22, 2017

Latest Casino and Gambling News, Australia, Gaming Industry News

Australian casino operator Crown Resorts Limited is set to unveil its annual interim financial results tomorrow and reports abound that the occasion will also see the firm’s long-serving Managing Director and C...

Clubs NSW agrees ten-year CrownBet deal in New South Wales

Adam Morgan

February 7, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, casino operator Crown Resorts Limited has announced that its CrownBet online sportsbetting service has signed a ten-year deal to serve as the official betting partner for Clubs NSW. Sydney-list...

Robert Rankin steps down as chairman of Crown Resorts; Packer back in

Marie Kelley

January 10, 2017

Latest Casino and Gambling News, Australia, Employment & Careers

After quitting the position of chairman for Crown Resorts in 2015, James Packer returns to his previous leadership role within the company. An announcement was made that Robert Rankin has stepped down as part o...

Israeli authorities looking into billionaire James Packer’s ties with Israeli Prime Minister Benjamin Netanyahu’s family

Renee Kingsley

December 2, 2016

Latest Casino and Gambling News, Australia, Israel, Taxation

Australian billionaire James Packer who is the biggest shareholder in Crown Resorts has come under the radar of Israeli authorities after showering Israeli Prime Minister Benjamin Netanyahu and his family with ...

Crown Resorts Limited delays international break-up plan

Adam Morgan

December 1, 2016

Latest Casino and Gambling News, Australia, Economy/Finance, Mergers, Acquisitions & Partnerships

The previously announced plan from Crown Resorts Limited that was to see the Australian casino operator cleave off major parts of its international business by April has reportedly been delayed following the ar...

Crown Resorts Limited to offload more of its business

Adam Morgan

October 20, 2016

Latest Casino and Gambling News, Australia, Economy/Finance, Macau

After seeing 18 of its representatives arrested in China over the weekend, Australian casino operator Crown Resorts Limited has now reportedly confirmed previous speculation that it intends to offload some more...

Arrests of Crown employees in China set Macau and other gaming stocks adrift

Marie Kelley

October 18, 2016

Latest Casino and Gambling News, China, Gaming Industry News, Crime

Over the weekend, it was made known that 18 employees of Crown Resorts Ltd were detained by the authorities of China. Included in the detentions were three Australians accused of trying and lure gamblers in Ch...

Australian casino and slot giants facing lawsuit alleging deception

Adam Morgan

September 5, 2016

Latest Casino and Gambling News, Australia, Fines, Lawsuits & Litigation

In Australia, casino operator Crown Resorts Limited and gaming machine manufacturer Aristocrat Leisure Limited could be about to face a lawsuit alleging that the Dolphin Treasure slot is deceptive because it re...

ASF Queen’s Wharf casino focus of $3 billion development

K Morrison

September 4, 2016

Latest Casino and Gambling News, Australia, Casino project updates

Work on a $3 billion casino and residential project that will be situated on the Gold Coast Broadwater next to luxury hotel Palazzo Versace and Sea World, will begin as early as March 2017, according to The Cou...

Alon Las Vegas CEO says project has slowed down but has not been put on hold

Renee Kingsley

September 1, 2016

Latest Casino and Gambling News, Las Vegas, Casino project updates, Nevada

Australian casino tycoon and billionaire James Packer's Crown Resorts Ltd decided in 2014 to partner with Andrew Pascal, the ex-president of Wynn Las Vegas and purchase 34.6 acres in Las Vegas, with plans to op...

James Packer gives up Crown Resorts shares to settle sibling debt

Marie Kelley

August 29, 2016

Latest Casino and Gambling News, Australia, Economy/Finance

After reaching a settlement with his sister Gretel, James Packer has decided to pay the debt owned via the agreement by giving up the majority of control within Crown Resorts. Consolidated Press Holdings Ltd. i...

PAC approves $2b casino at Barangaroo; Crown Casino, Sydney set for final approval

K Morrison

June 28, 2016

Latest Casino and Gambling News, Australia, Casino project updates

After 18 months’ worth of delays due to a number of setbacks, James Packer’s $2 billion Crown Barangaroo is on the way to being Sydney, Australia's second casino as it received final approval from the NSW Plann...

Packer unveils plan to super-size Queensbridge Hotel Tower

Adam Morgan

May 13, 2016

Latest Casino and Gambling News, Australia, Casino expansion projects

Australian billionaire James Packer has suggested turning the proposed Queensbridge Hotel Tower in Melbourne into the country’s tallest building and connect it to the nearby Crown Casino And Entertainment Compl...