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SYDNEY, Nov 12, 2013 (AFP) - Gambling mogul James Packer's plan to build a $1.5 billion casino in Sydney aimed at Asian high-rollers has won crucial support from the state government.
SYDNEY: Australia’s No. 1 casino firm Crown Resorts Ltd won support from investors and analysts for a plan to split the business, reigniting speculation billionaire owner James Packer may take part of the company private.
Two years after Mariah Carey’s relationship with Australian billionaire James Packer lost its shine, she's selling the 35-carat diamond engagement ring he gave her.
SYDNEY: Australian billionaire James Packer quit the board of casino giant Crown Resorts Ltd, four months after stepping down as chairman, as it grapples with falling revenue in the Asian gambling hub of Macau.
SYDNEY: Australia's Crown Ltd has won initial backing from a state government for a plan to build an A$1 billion ($1.03 billion) casino in Sydney, bringing founder and billionaire James Packer closer to his goal of a global casino empire.
SYDNEY: Australian billionaire James Packer has quit the board of casino operator Crown Resorts Ltd due to mental illness, following a tumultuous period including a break-up with singer Mariah Carey and the failure of Crown's expansion strategy.