CANBERRA: James Packer's Publishing & Broadcasting Ltd (PBL), Australia's biggest casino owner, has invested in its second Las Vegas development, accelerating its push into North America.
The Crown Las Vegas would be built next to Fontainebleau Resorts LLC's US$2.8bil casino and hotel development, PBL said in a statement yesterday. The Sydney-based company bought a 19.6% stake in Fontainebleau last month.
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