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Business 13 Dec 2007 | 12:00 AM

News in brief

Australian gaming group Crown Ltd has agreed to buy Las Vegas casino operator Cannery Casino Resorts (CCR) for US$1.75bil, its first long awaited major deal in the US gaming market.

Business 16 Oct 2007 | 12:00 AM

PBL reassessing demerger plan

Australia's Publishing Broadcasting Ltd (PBL) said it was reassessing plans to split its media and gaming assets as it looks at how proposed tax changes may impact the deal, knocking its shares down more than 5%.

Business 02 Oct 2007 | 12:00 AM

Packer to build largest Aussie hotel

James Packer's Publishing Broadcasting Ltd, Australia's biggest casino owner, plans to build the largest hotel in the country at its Melbourne gaming house, tapping growing demand for gambling and tourism.

Business 01 Jun 2007 | 12:00 AM

PBL in second US casino deal

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.

Business 29 May 2007 | 12:00 AM

PBL to further cut stake

James Packer, Australia's richest man, is in talks to sell a further 25% of his TV and magazines joint venture to private equity group CVC, ending his family's long-running control over key Australian media assets.

Business 26 May 2007 | 12:00 AM

Ellerston fund IPO to raise A$600mil

James Packer, Australia's richest man, unveiled yesterday plans to raise A$600mil, more than previously targeted, in an initial public offering of a new investment fund.

Business 13 May 2007 | 12:00 AM

Melco PBL Entertainment to seek top high-rollers with its 1st Macau casino

MACAU (AP) - Macau's newest casino, the Crown Macau, opened its doors on Saturday, billing itself as the first in the tiny Chinese territory to offer a six-star gambling experience.

Business 18 Apr 2007 | 12:00 AM

PBL buying 19.6% of Fontainebleau

SYDNEY: Publishing Broadcasting Ltd (PBL), Australia's biggest casino owner, agreed to buy a 19.6% stake in Fontainebleau Resorts LLC for US$250mil, gaining its first holding in a Las Vegas gambling development.

Business 05 Apr 2007 | 12:00 AM

PBL, Macquarie to buy Canada casinos

James Packer's Publishing Broadcasting Ltd (PBL), Australia's biggest casino owner, agreed to buy gambling venues in Canada for C$1.37bil (US$1.2bil) in its first foray into North America.

Business 04 Mar 2007 | 12:00 AM

World's casino kings betting on a Macau boom

MACAU (AP): Chinese businessman Cao Yanglin let his lunch of slow-cooked beef rib with truffle puree and lemon cream sauce go cold as he talked about his gambling spree the night before at the baccarat tables in Macau _ the world's new epicenter for gambling.