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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.
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: 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.
MANILA (AFP) - The Philippines’ gambling regulator said Tuesday it would suspend Japanese tycoon Kazuo Okada’s licence to operate a $1-billion Manila casino if he fails to explain construction delays.