NewsBite

How Finkelstein made Packer Crown’s biggest loser

How Finkelstein made Packer Crown’s biggest loser

Being forced to sell most of his Crown stake puts a brutal exclamation mark on James Packer’s relationship with the casino giant.

James ThomsonColumnist

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Crown Resorts turned from a source of pride for James Packer to a source of pain a long time ago. But with the release of the final report and recommendations from Victoria’s royal commission into Crown on Tuesday, Commissioner Ray Finkelstein turned the screws again.

Finkelstein ultimately decided Crown should be allowed to continue to operate its Melbourne casino, albeit under unprecedented scrutiny from a special manager who will have veto rights over any decision made by the board.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

James Thomson
James ThomsonColumnistJames Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

Latest In Gaming & wagering

Fetching latest articles

Original URL: https://www.afr.com/companies/games-and-wagering/how-finkelstein-made-packer-crown-s-biggest-loser-20211026-p5939m