News
Crown accepts $8.9 billion takeover offer from Blackstone
The agreement will net James Packer a $3.26 billion payday and end his rule over the Australian casino industry.
Hotels
GAME OVER: Crown Resorts officially deemed unsuitable to hold Sydney casino licence
James Packer’s EA has been forced to go out and buy a bigger stress ball for the casino mogul, after NSW’s gaming regulator confirmed the inevitable for his Barangaroo property.
Hotels
Future of ‘Packer’s Pecker’ uncertain, as Crown Resorts directors resign in the wake of scathing report
by Huntley Mitchell
James Packer’s hopes of operating his prized $2.4 billion Barangaroo property as planned have seemingly been dashed.
Hotels
Crown’s Barangaroo project to open ahead of schedule, James Packer says
by Christian Fleetwood
James Packer has said One Barangaroo will be completed ahead of schedule, while The Star gave Travel Weekly an update on the progress of its Ritz-Carlton proposal.
Hotels
James Packer offloads half of Crown Resorts stake to Melco for $1.76bn
Billionaire James Packer has added almost another couple of billion to his outrageous fortune, thanks to a Macau-based casino hotel giant.
Hotels
US casino giant suddenly ends buyout talks with Packer’s Crown Resorts over detail leak
by Huntley Mitchell
James Packer is on the hunt for a new buyer of his Crown jewel, after a rival casino giant abruptly walked away from the discussion table.
Hotels
Crown acquires 20% stake in Nobu
by Anne Majumdar
Crown has built on its long-standing relationship with the Nobu brand by taking a significant stake in the business.
Hotels
Crown good for its host cities: Packer
by Trevor Chappell - AAP
“I think the cities that we operate in are better because Crown is there,” Packer told shareholders.
Hotels
‘C-word’ avoided in Qld Echo announcement
by Melissa Grant and Marty Silk - AAP
Despite being hailed as “the next mining boom”, it seems people are hesitant to mention the presence of the casino.
Hotels
Echo wins tender for new Brisbane casino
by Jamie McKinnell – AAP / Hannah Edensor
Echo has pipped James Packer at the post, scoring the right to build a casino on prime Brisbane riverfront, but not everyone’s happy about it.
Hotels
Crown, Lend Lease sign off Sydney casino
by AAP
Crown has entered into a $1 billion agreement with developer Lend Lease to build its casino and resort at Barangaroo.