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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.
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.
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.
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.
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.
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.
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.
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.
