Constuction work at Packer
SYDNEY: Crown Resorts owner Australian mogul James Packer (pic) has paid A$280mil (US$260mil) for a prime site on Las Vegas Boulevard in a bid to crack the American casino market.
The billionaire, who runs Crown – a worldwide gambling empire – has teamed up with former Wynn Las Vegas president Andrew Pascal in a joint venture, backed by Oaktree Capital Management.
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