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Australia’s Crown sells Macau gambling stake
SYDNEY: Casino mogul James Packer’s Crown Resorts has offloaded part of its stake in Macau-focused Melco Crown Entertainment for US$800 million, as gaming revenue slumps in the Chinese territory.
Crown eyes Echo’s casino licence
MELBOURNE: Australian casino group Crown Ltd, owned by billionaire James Packer, says it hopes to use the casino licence of its rival Echo Entertainment Group in order to go ahead with a planned luxury hotel development in Sydney.
Australia's Crown eyes Echo's licence for Sydney casino
MELBOURNE: Australian casino group Crown Ltd, owned by billionaire James Packer, said it hopes to use the casino licence of its rival Echo Entertainment Group in order to go ahead with a planned luxury hotel development in Sydney
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.
Mariah Carey wants you to check out her drama
New trailer from E!’s upcoming reality series on the life of Mariah Carey, Mariah’s World.
Australia’s Crown Resorts bets on domestic gamblers
SYDNEY: Australian casino giant Crown Resorts Ltd said yesterday it was betting on domestic gambling to bolster profit as an international travel ban triggered by the coronavirus pandemic wiped out much of its annual earnings.
Australia's Crown Resorts receives $6.2bil buyout offer from Blackstone
Beleaguered casino operator Crown Resorts Ltd said on Monday it received a buyout offer from private equity company Blackstone Group Inc that values the company at A$8.02 billion (US$6.19 billion).
Wynn considers US$7bil Crown deal
SYDNEY: Wynn Resorts Ltd is in talks to buy Australian billionaire James Packer’s Crown Resorts Ltd for A$9.99 bil (US$7.12 bil) as the Las Vegas casino empire looks for growth in Asia amid a slowdown in the gambling enclave of Macau.
Shareholders sue Australia's Crown Resorts over China marketing
SYDNEY: Australian casino operator Crown Resorts Ltd was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price.
Media moguls’ TV bet sours as Ten Network faces insolvency
SYDNEY: Even having Lachlan Murdoch and billionaire James Packer in your corner isn’t enough to save you these days.
