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.
James Packer
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.
What Packer will do with his $3bn
When James Packer gets his cheque for $3bn-plus his investment focus will most likely be in some area of tech because it will reward the same skillset that took him so successfully into gaming.
Packer’s new challenge: how to stop boredom
James Packer has no desire to run an operational business again and would rather invest his billions with experts. But how does he stop boredom becoming a permanent feature of his existence?
Packer’s $3.2b payday from Crown sale
Reclusive billionaire James Packer now has an easy exit from Crown Resorts and will walk away $3.2bn richer if a takeover offer succeeds.
$3.28bn Packer payday as Crown accepts Blackstone bid
The Packer family’s decades-long ties to Crown Resorts are set to end after the company agreed to sell its casinos in Melbourne, Sydney and Perth to Blackstone.
Packer pack slumming it in new digs
While Crown shareholder James Packer awaits a binding offer from Blackstone for the troubled casino operator, the billionaire’s ever loyal lieutenants have been far from idle.
Packer’s Crown influence ‘extinct’
James Packer’s legal team has made a final plea to the royal commission into Crown Resorts’ Perth casino in a bid to avoid the introduction of a cap on shareholdings.
Packer lawyer’s extraordinary backflip
James Packer’s barrister has taken aim at a royal commissioner’s call to slash his stake in Crown, but conceded a challenge would be virtually impossible.
Blackstone unlikely to face opposition for Crown
Macquarie analysts believe that Star Entertainment will not come forward with a compelling offer for Crown that will trump what is already on the table from Blackstone.
Packer encouraged by Blackstone bid increase
James Packer’s private company, Consolidated Press Holdings, says it is encouraged by the higher $8.9bn Blackstone bid for Crown Resorts.
Packer’s way out of embattled Crown
Crown shareholders including reclusive billionaire James Packer may finally have a way to get out of the beleaguered casino operator.
Star bid for Crown expected
Star Entertainment is expected to emerge with a rival bid for Crown Resorts in February, with other suitors possibly waiting in the wings.
Vision for Packer’s city legacy
James Packer’s punt on the Barangaroo complex could pay off even if he exits Crown Resorts.
Crown spruiks Sydney potential as Blackstone looms
Crown Resorts has put its best foot forward to US private equity giant Blackstone with the embattled gaming group saying its performance is getting back on track.
Packer earns $500m as tech investor
The billionaire’s private investment company returned to profit this year, thanks to buying and trading technology stocks as well as an uplift in his Crown shares.
Blackstone presses Packer on the Crown bid
Blackstone has begun direct discussions with James Packer’s Consolidated Press Holdings – Crown Resorts’ largest shareholder – to back a $8.5bn takeover bid.
Crown push to open amid bid
Officials from the NSW regulator met with Crown Resorts on Monday as the James Packer-backed casino operator pushes to re-open its shuttered Sydney gaming floor.
It will be the end of an era when Packer cashes in his chips
More than 50 years of Packer history will reach its end point when James Packer sells out of Crown Resorts.
Crown takeover deal all over bar the shouting
I suggest the die is now cast; that ownership of the Crown casino group will pass to Blackstone. It’s in everyone’s interest that it does and it will, relatively smoothly.
Fresh $8.5bn bid for Packer’s Crown
US private equity giant Blackstone is back at the bargaining table with a fresh takeover offer for James Packer’s troubled casino company Crown.
Cannon-Brookes buys in to Rabbitohs dream
Atlassian co-founder Mike Cannon-Brookes has signed on as co-owner of the South Sydney Rabbitohs with Russell Crowe and James Packer.
‘Lack of physiological safety’ for Crown Perth Staff
A cultural review of Crown Resorts has revealed a large number of employees at its Perth casino fear they will be penalised for raising concerns.
Blackstone quits tilt at Crown
Blackstone is understood to have walked away from James Packer-backed casino operator Crown Resorts.
Independence of casinos ‘a problem’ for Crown
Crown Resort interim chairman Jane Halton says she is struggling with some recommendations of a recent royal commission into the casino group.
Original URL: https://www.theaustralian.com.au/topics/james-packer/page/4