Packer has no objection to forced Crown stake sale
James Packer has told the WA inquiry into Crown Resorts he does not object to being made to sell down his 37 per cent stake in the business to below 5 per cent by September 2024.
James Packer
Revealed: James Packer’s 100-plus directorships
What is White Whale Pty Ltd? Just one of more than 110 companies where James Packer has served as a director over the past 35 years.
Commissioner’s verdicts on Crown’s players
Ray Finkelstein has delivered verdicts on some of Crown’s old and new leaders and the shadow cast by its biggest shareholder.
Little scrutiny for casino’s controller
There’s a new guy in town when it comes to control of Crown’s flagship casino, and his name is not Packer, Switkowski or McCann.
Clear air for Crown and Packer
There are some rather delicious ironies in Ziggy Switkowski being charged with saving James Packer’s billions by overseeing reforms at Crown.
Why James Packer has to slash Crown stake
The billionaire’s ‘ubiquitous influence’ led to a pack of managers with steadfast devotion to his interest even after his resignation, the report details.
Crown director sings praises of Packer
For all that Crown tries to sever its ties to its major shareholder, it seems there’s plenty more willing to gush at the billionaire’s success.
Crown dodges spill after second strike
Big payouts to controversial departed executives has seen Crown hit with a second strike, despite support from the gaming group’s biggest shareholder James Packer.
Packer to face Perth probe grilling
James Packer will once again be put through the wringer at a Crown Resorts investigation. Will he again beam in from his luxury yacht?
Crown Resorts in danger of second strike
A second consecutive ‘no’ vote is threatened against Crown Resorts’ remuneration report. Meanwhile, James Packer is set to face another public grilling.
Crown braces for Melbourne casino D-Day
Crown Resorts is hoping it will hang on to its flagship Melbourne casino, with the verdict of a royal commission into the group to be made public before the end of October.
Countdown to Crown’s last hurrah
In what is shaping up as a monster couple of weeks for the gambling empire, the Fink has until Friday to lodge his report, before what will be a juicy shareholder grilling.
Crown sees 10th director resignation since October
In a surprise move, Crown Resorts director Antonia Korsanos has announced she will not seek re-election to the board.
Packer seeking $280m in superyacht sale
In a sign finances could be getting tight for James Packer, the billionaire has put his gigayacht IJE on the market.
Canva couple storm rich list
The Sydney billionaires are the youngest in the top 10 on The List – but are also set to be among Australia’s biggest philanthropists.
Union rejects Crown mandatory jab plan
Union representing Crown staff opposes plan to mandate Covid vaccinations, saying it should be left to government.
Crown’s $24m bill as execs cash out
Crown Resorts paid almost $24m to outgoing executives in the 2021 financial year following a cavalcade of inquiries that threaten the James Packer-backed group’s casino licences.
Crown hits back in gambling addict lawsuit
Crown Resorts is fighting a near $4.6m lawsuit from an ex-patron who alleges the James Packer-backed group should have known he was a gambling addict.
Crown pockets $1.1bn in sales
Gaming giant Crown has trousered more than $1bn worth of apartment sales in its $2.2bn Crown Residences.
Packer’s payout drought
As the record dividends flow through the market, spare a thought for billionaire James Packer whose dividend drought continues.
Packer keeps his distance from Crown
Major Crown shareholder James Packer declined the offer of a results briefing from the casino group, even though it swung to a loss and axed a lucrative dividend flow.
Crown puts a hold on dividends
Crown Resorts has reached a deal with its bankers to suspend dividend payments until at least halfway through the financial year.
Packer yet to settle as Crown sells $1bn in apartments
Crown pockets more than $1bn of sales from its Crown Residences but James Packer is yet to settle on his $60m pad.
Switkowski poised to chair Crown
Outgoing Crown Resorts chairman Helen Coonan is set to be replaced by former Telstra chief and respected director Ziggy Switkowski.
ATO wins Crown Resorts tax appeal
Crown Resorts has been dealt another tax-related loss, but thankfully for the James Packer-backed group, it probably won’t cost too much.
Ex-Crown boss: No conflict of interest with Packer
Former Crown boss and ‘close ally’ of the Packer family John Alexander saw no conflict in working for the casino group and its largest shareholder at the same time.
Blow to Packer in casino clean-up
James Packer will need the approval of a new casino regulator to keep his big stake in Crown, which could be a big ask.
Packer blow as NSW commits to casino reform
Crown Resorts’ major shareholder James Packer will almost certainly be forced to offload his 37pc stake in the $6bn casino group.
Crown Perth poached regulator staff
The relationship between the WA casino regulator and Crown Perth was so tight that employees jumped between the two, a royal commission has heard.
Crown Sydney casino opening could be delayed
The huge paperwork burden of two royal commissions could see Crown’s Barangaroo casino opening date come down to the wire.
Original URL: https://www.theaustralian.com.au/topics/james-packer/page/5