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Tags: James Packer

Australia – James Packer leaves Crown’s board due to mental health

Australian billionaire James Packer has left his position on the board of casino operator Crown Resorts with the company citing mental health issues. Crown said its biggest shareholder was leaving the board for ‘personal reasons’ just eight months after rejoining it following a two-year absence to pursue overseas interests in 2015. Crown Resorts Executive Chairman…

Antigua – Packer and De Niro project given 25 year tax holiday in Antigua

The proposed $250m casino earmarked for Antigua and Barbuda and spearheaded by James Packer and Robert De Niro moved a step closer with the government approving the Paradise Found bill, that could pave its way. The bill provides incentives to build the casino-resort, including most notably a 25-year tax holiday, which will be located at…

Australien – Packer avgår som Crowns ordförande

Australian billionaire James Packer has stepped down as Chairman of Crown Resorts with the Board appointing Robert Rankin as his replacement as Chairman. Mr Packer remains a Director and it is intended that he will be appointed as a senior Executive Director on terms which are currently being discussed with the Board. Mr Packer will…

Sri Lanka – Packer sa att han inte är välkommen till Sri Lanka

Den australiensiska kasinoägaren James Packer har fått höra att han är ovälkommen "i denna livstid" i Sri Lanka av landets nya premiärminister. Efter att ha dragit sig tillbaka från planerna på att bygga en lyxresort på 350 miljoner dollar i Colombo, har Mr. Packer's Crown Resorts blivit tillsagd av premiärminister Ranil Wickremesinghe att hålla sig borta. Han sa: "Packer säger att han...

Antigua – Antigua signs deal with Packer and De Niro

The Antiguan Government has signed a deal with Australian casino developer James Packer and Hollywood actor Robert De Niro for a major project at the former K Club resort on Barbuda. It is not known at this stage whether K Club’s owner, Italian designer Mariuccia Mandelli has decided to sell the property, which has been…

Sri Lanka – Crown får klartecken i Colombo

Despite splashing his name across all the tabloids thanks to a punch-up with best mate, David Gyngell, James Packer received some positive news last week with the Sri Lankan government saying it will allow his planned US$400m mixed-use resort development in Colombo to operate as a casino. Government spokesman Keheliya Rambukwella said that casinos will…

Sri-Lanka – Packer gets the green light

The government of Sri Lanka has approved a hotel and leisure resort deal with Australian gambling tycoon James Packer’s Crown Ltd, but the investment is likely to increase from the original $350m. The finalisation of the deal was delayed because the Sri Lankan government was asking Lake Leisure Holdings, the joint venture between Crown and…

Sri Lanka – Packers planer för Colombo i tvivel

James Packers Crown Resorts planer på att utveckla en integrerad resort i Sri Lanka tros vara i fara efter operatörens avslag på ett regeringsbeslut att ändra byggplanen för dess blandade utveckling vid DR Wijewardane Mawatha i Colombo, Sri Lanka. Den australiensiska operatören har därefter fått veta att utvecklingen måste...