Wednesday, May 29, 2024

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James Packer gives evidence at Perth royal commission

Crown Resorts shareholder James Packer appeared via videolink on early Friday morning to give evidence at the Perth royal commission into Crown Resorts. 

James Packer pursued for more than $300,000 in compensation 

The Victorian worker’s compensation authority is seeking to claim back more than $300,000 in damages from James Packer stemming from an altercation between him and a security guard on New Year's Day in 2016.

James Packer not yet called to appear before WA Commission

Whilst Packer’s involvement in Crown was center stage in the NSW inquiry, he has not (yet) been called forward by Commissioner Neville Owen to stand before the commission. 

James Packer sued by former Crown Resorts security guard

A former security guard at Crown casino is pursuing James Packer for aggravated damages in the Supreme Court over allegations the billionaire assaulted him before threatening to have him sacked.

When James Packer turned toxic

To say that the Crown Sydney probity hearings haven’t gone well would be an immense understatement. A better description would be “unmitigated disaster.”

Oaktree offers $3b funding for Crown to buy Packer stake

Crown Resorts said a group of funds advised by Oaktree Capital Management has offered to help the company by buying back up to $3 billion worth of shares held by James Packer’s Consolidated Press Holdings.

Oaktree offers $3b funding for Crown to buy Packer stake

Crown Resorts said a group of funds advised by Oaktree Capital Management has agreed to provide up to $3 billion in funding for the company to buy back shares held by James Packer's Consolidated Press Holdings.

Packer agrees distancing measures from Crown with regulator

Crown Resorts' largest shareholder has reached an accord with the New South Wales regulator under which it agreed not to seek representation on the board, share information with the company or have discussions that are not in a public forum.

Packer hires adviser on Crown sale

Australian billionaire James Packer has made a small but potentially significant move in the takeover play for Crown Resorts saying he is open to offers for his 37 percent stake in the operator.

Your Daily Asia Gaming eBrief: Packer to follow Crown board on bid

Billionaire James Packer has declared that he has no intention of standing in the way should the board of Crown Resorts opt to accept the US$6.2 billion takeover bid from Blackstone.