Casino war ends, but champion yet to emerge
Star Entertainment chairman John O’Neill says all the talk of bad blood between him and James Packer is ‘old news’.
Star Entertainment chairman John O’Neill says all the talk of bad blood between him and James Packer is ‘old news’.
The probe into Crown Resorts’ Melbourne casino will hear its first evidence on Monday, and NSW regulators will be watching closely.
The largest institutional investor in the James Packer-backed Crown is demanding it immediately start a formal sale process.
A proposal to merge Crown Resorts with its rival Star gives James Packer easy options to continue pulling back from the gaming giant or exit completely.
Macquarie’s boss says any acquisitions led by its banking and financial services unit would need to be ‘very accretive’.
James Packer is understood to be open to a proposed merger of his 37pc-owned Crown Resorts with smaller rival Star Entertainment.
She was the only one to emerge unscathed from the damning Crown inquiry and now Toni Korsanos has a new $48m ASX hurdle to jump.
Victoria will begin royal commission public hearings into James Packer’s Crown Resorts on May 17.
The well-kept secret of what cashed up buyers are actually paying to snare a luxury apartment in James Packer’s $2.2bn Barangaroo tower in Sydney has finally been revealed.
Apollo Global Management is said to be weighing up whether to launch a takeover proposal for the $8bn casino operator Crown Resorts.
The reclusive billionaire has not been called to give evidence at the Crown Resorts royal commission in Perth, but that could change.
The remaining directors of Crown Resorts are set to front a royal commission into the company next month – but it remains unknown if James Packer will too.
Crown’s assessment of Blackstone’s $8bn offer faces a twist after a separate funding proposal that’d allow it to buy out James Packer’s stake.
On the face of it, Oaktree’s approach indicates there may be more players out there interested in buying into Crown at a time when it is still working through issues with regulators.
A global investment firm has proposed a multi-billion-dollar deal that could push billionaire James Packer out of Crown Resorts.
James Packer has agreed to keep his mitts off Crown Resorts after previously exerting ‘disastrous’ influence over the casino giant.
The NSW gaming regulator has reached an agreement with James Packer preventing him from seeking representation on the board of Crown Resorts.
James Packer’s latest bid to sell Crown Resorts could be sealed as soon as August, provided no materially adverse changes are imposed by two royal commissions into the company.
WA casino regulations face their first shake-up in decades, as the royal commission into Perth’s Crown casino begins hearings.
Crown Resorts says its reform efforts will be aided by the addition of ex-SkyCity director Bruce Carter, as it faces two royal commissions.
James Packer has indicated he is open to selling his near $3bn Crown stake to Blackstone, as Consolidated Press Holdings taps Moelis for advice.
I was used to receiving envelopes containing insults and even death threats, but the turd in cling wrap was a new experience.
Two weeks on and international private equity giant Blackstone is still waiting to hear from Helen Coonan.
As the Crown board hunkers down to deal with requests from Victoria’s royal commissioner, its future — in a bizarre way — looks more assured than it has for some time.
The spectre of Patricia Bergin looms large over Ray Finkelstein’s royal commission into the suitability of Crown Resorts to run a casino in Melbourne.
Its $8bn bid to buy Crown is too low to win approval, but private equity giant Blackstone could be using it as part of another strategy, analysts say.
James Packer is set to make the biggest bet of his life: whether to cash in his Crown Resorts chips now for $3bn or hold out for a higher offer for his casino.
James Packer has assembled a formidable collection of real estate assets and suitor Blackstone has plans to get the most out of them.
The all-powerful Packer family was once Australia’s wealthiest — but iron ore barons and tech unicorns have leapt ahead of James.
Institutional investors may see Blackstone’s Crown offer as close to the mark, but James Packer will be eyeing potential rival bids.
Original URL: https://www.theaustralian.com.au/topics/james-packer/page/7