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Corporate News 16 Dec 2015 | 7:06 AM

Packer pushing for Crown Resorts buyout

SYDNEY: James Packer, the majority owner of Australia's Crown Resorts Ltd, is in talks with private financiers about a possible buyout of the casino giant, two media reports said, sending the company's shares on their biggest one-day spike.

Business 05 Aug 2014 | 12:00 AM

Aussie tycoon Packer buys prime US casino site

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.

Business 05 Apr 2013 | 12:00 AM

Australian gaming tycoon Packer eyes S. Lanka bet

COLOMBO: Australian gambling tycoon James Packer may be lining up a bet on Sri Lanka, scouting around the Indian Ocean island for potential investments as he seeks to build a global casino empire.

Business 20 Jun 2012 | 12:00 AM

News Corp in $2 billion Australia pay-TV bid; Packer cashes u

MELBOURNE: Rupert Murdoch's News Corp made a $2 billion takeover offer for Australia's Consolidated Media Holdings on Wednesday, boosting top shareholder and billionaire James Packer's warchest as he abandons media in favor of casinos.

Business 21 Jun 2012 | 12:00 AM

News Corp makes US$2bil bid for Australia pay-TV

MELBOURNE: Rupert Murdoch’s News Corp made a US$2bil takeover offer for Australia’s Consolidated Media Holdings, boosting top shareholder and billionaire James Packer’s war-chest as he abandons media in favour of casinos.

Business 08 Jun 2012 | 12:00 AM

Genting takes stake in Australia's Echo, sparks takeover talk

MELBOURNE/SINGAPORE: Singapore gaming operator Genting said on Friday it had taken a $234 million stake in Echo Entertainment, raising the prospect of a battle for control over the Australian casino company with billionaire rival James Packer.

Business 09 Apr 2019 | 7:23 AM

Wynn considers US$7b Crown deal in search of Asia growth

SYDNEY: Wynn Resorts Ltd. is in talks to buy Australian billionaire James Packer’s Crown Resorts Ltd. for A$9.99 billion ($7.12 billion) as the Las Vegas casino empire looks for growth in Asia amid a slowdown in the gambling enclave of Macau.

Business 13 Aug 2015 | 2:09 PM

Packer quits as Crown chairman

SYDNEY: Australian billionaire James Packer stepped down as chairman of Crown Resorts on Thursday, after full-year profits at the gambling giant slumped 41.3% on writedowns and falling Macau gaming revenue.

World 11 Nov 2013 | 8:25 PM

Sri Lankan party seeks arrest of Australian tycoon for 'illegal' casino

COLOMBO (Reuters) - Sri Lanka's main opposition party on Monday demanded that police arrest Australian gambling tycoon James Packer, who is due attend a Commonwealth forum this week, saying his plan to build a $400 million (250 million pounds) casino in Colombo has no proper license.

TV 29 Nov 2016 | 6:04 AM

Find out if Mariah Carey can be your dream lover in her new show

Mariah Carey's new reality show sees the larger-than-life singer trying on wedding dresses and wrestling with a decision to postpone her marriage.