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Business 22 Dec 2015 | 12:00 AM

Packer may launch bid for Crown

SYDNEY: James Packer (pic) has stepped down as a director of Crown Resorts Ltd, intensifying speculation he’s closer to bidding for the company or some of its assets.

AseanPlus News 21 Dec 2015 | 2:59 AM

Billionaire Packer resigns as Crown Resorts director

Sydney (AFP) - Australian mogul James Packer resigned Monday from the day-to-day running of Crown Resorts but said he will remain involved with the global casino operator in a senior executive role.

Business 20 Dec 2015 | 11:57 PM

Australian billionaire Crown owner quits board as Macau woes deepen

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.

Business 16 Dec 2015 | 7:37 AM

Top foreign and local stories at 3.30pm

Top foreign and local stories at 3.30pm

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.

Focus 05 Oct 2015 | 12:00 AM

Oz, NZ vie for Chinese tourist$

With mining losing steam in the former and tourism set to leapfrog dairy as top earner in the latter, Australia and New Zealand are gearing up to lure Chinese tourists to fill the gap in a worsening economic outlook.

Business 14 Aug 2015 | 12:00 AM

Aussie’s Crown profit falls 41.3%

SYDNEY: Australian casino operator Crown Resorts Ltd posted a 41.3% fall in full-year net profit, dragged down by a weak result from its Macau business following a Chinese crackdown on corruption.

Business 13 Aug 2015 | 3:10 PM

Top foreign at local stories at 3pm

Top foreign and local stories at 3pm

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.

Business 22 Jul 2015 | 12:00 AM

Australia’s Echo closes on rival Crown in China gambling war

SYDNEY: Australian casino firm Echo Entertainment Group Ltd will pay a Hong Kong partner to fly in rich Chinese gamblers to a lavish new complex in Brisbane, upping the rivalry with Crown Resorts Ltd for tourism’s most coveted demographic.