Packer: ‘I paid Costello $300k to be secret lobbyist’
Peter Costello acted as an undisclosed Crown lobbyist working for James Packer, the billionaire alleges in private correspondence with the former treasurer.
James Packer
Showtime: Crown opens Sydney casino, targets high rollers
Sydney’s VIP-only casino is finally opening – more than a decade after James Packer dreamt up the idea over lunch with former NSW premier Barry O’Farrell at Alan Jones’s house.
Crown to open Barangaroo gaming floor on August 8
The gaming giant, which recently cut ties with James Packer, taps into China’s lucky day with plans to finally open its gaming floor at its new $2.2bn casino in Barangaroo on August 8.
Sad downfall of James Packer’s ex
An ex-model and former fiancee of billionaire James Packer has broken down after revealing her daily financial struggles.
Betting on a casino future with no Packer or ‘whales’
With no James Packer or Chinese high rollers, the big question is whether Australian casinos can build their futures on local punters in an ever-more digital age.
Inside Tziporah’s explicit online rant
An ex-model and former fiancée of billionaire James Packer has learned her fate after making expletive-laden social media posts.
Blackstone’s ‘aggressive funding mix’ weakens Crown
Just days after James Packer cut ties with Crown, S&P Global Ratings warns of ‘uncertainty regarding the gaming group’s capital structure, funding mix, and financial policies’.
Packer’s men in exodus from Ellerston board
The ties that bind James Packer to his long-trusted lieutenants run deep and are difficult to break.
James Packer: ‘I’ve made too many mistakes’
Dropping seven mood-altering drugs – and a significant amount of weight – James Packer wants to return to public life.
A $3.3bn quandary for Packer
The billionaire has recruited long-time lieutenant Guy Jalland and ex-Magellan Financial stockpicker Hamish Douglass to sit on his family company’s new investment committee.
Crown gets licence ‘under tight rein’
James Packer’s dream of opening a new casino in Sydney, worth these days around $2.2bn, will soon be a reality just as the billionaire sells Crown Resorts.
States give green light to Blackstone-Crown deal
Blackstone has moved one step closer to ownership of the James Packer-backed Crown after the Victorian and NSW gaming regulators approved its $8.9bn takeover.
Cashed out Packer’s new private life
The Packer name and influence is unlikely to be meaningfully involved in Australian corporate life for a very long time.
Final hurdle for Packer’s $3.3bn Crown sale payday
Most shareholders, including Crown’s biggest investor James Packer, backed Blackstone’s $8.9bn takeover, despite gaming regulators not yet approving the deal.
Parliament lifts lid on Barangaroo view blue
A flying visit by billionaire James Packer helped spur the top echelons of NSW’s Baird administration into action on Barangaroo and shaped the precinct’s planning.
Blackstone, Crown delay $8.9 takeover deal
The private equity firm was hoping for an accelerated turnaround in its bid to acquire the James Packer-backed casino group.
AFL’s tight defence on cyber risks
If ever nefarious actors try to take a peek under the hood of the Australian Football League, boss Gillon McLachlan and chair Richard Goyder have it covered.
Crown faces $100m fine over Union Pay cards
Crown Resorts is facing another blockbuster fine, which could derail its $8.9bn takeover and a $3.3bn payday for major shareholder James Packer.
Blackstone could score extra $1.5bn from Crown deal
US private equity giant Blackstone has strong form with casino sales and leasebacks, with Grant Samuel revealing how much it could make from Crown Resorts.
Budget banks Crown’s Austrac fines
The budget has banked potential windfall fines set to be levied against Crown Resorts after the gaming giant was hit with Austrac charges after alleged anti-money laundering failures.
Final hurdles to clear before Packer’s $3.3bn payday
The Packer family’s long-time links to Crown Resorts are closer to ending after no objections were raised to Blackstone’s $8.9bn takeover of the group.
Crown ‘unfit’ to hold Perth casino licence
The James Packer-backed gaming group has two years to get its Perth casino into order after the WA Royal Commission found it was not suitable to hold the state’s gaming licence.
Mark McInnes raises eyebrows with return home
The former CEO of Premier Investments is back and is wasting no time settling back into business, while Austrac boss Nicole Rose negotiates with James Packer.
Star’s directors must go, as Crown’s did
The directors of Star Entertainment must go following revelations at royal commission-like inquiry, similar to the clear out at James Packer’s Crown Resorts.
Austrac sting is Crown’s final blow
Will another blockbuster case by the financial crimes regulator be enough to derail the $8.9bn Blackstone bid?
Austrac could derail Crown bid: 500 ‘breaches’
James Packer’s Crown Resorts faces a blockbuster fine from the financial crimes watchdog, in a move that threatens its $8.9bn takeover from Blackstone.
Casino mega-merger all but snuffed out
A merger between two of Australia’s most powerful gambling companies looks increasingly unlikely after a comment made during an earnings call on Thursday.
No deal: Crown keeps dividend suspension as losses deepen
Steve McCann says Crown has turned a corner after battling Covid shutdowns and border bans but uncertainly continues to shroud the James Packer-backed company.
Rankin in sights of ASIC probe
The Australian Securities & Investments Commission is formally investigating the conduct of former James Packer right-hand-man Robert Rankin during his time as chairman of Crown Resorts.
End of a colourful era in corporate history
The sale of Crown Resorts closes a chapter of history that could vie with the best yarns from the late 80s and early 90s of Bond, Elliott and Kerry Packer.
Original URL: https://www.theaustralian.com.au/topics/james-packer/page/3