"said talks with Oaktree Capital Management LP over a A$3.1 billion ($2.3 billion) proposal to help Crown buy out major shareholder James Packer ended, closing an exit path for the billionaire."
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"With a separate investigation assessing Crown's Perth facility, the future of the whole group and its billionaire shareholder James Packer hangs in the balance."
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"If they are accepted, the company 37% owned by billionaire James Packer would see gambling stopped at the Melbourne city casino which generates three-quarters of its profit."
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"The Richie family reality stars, basketball legend Magic Johnson and Australian mogul James Packer were among the celebrities spotted on yachts in Greece last week, while ships reportedly owned by billionaires David Geffen, Abdullah al Futtaim, and Ernesto Bertarelli were anchored off the coast, according to vessel data analyzed by Bloomberg."
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"It cited the influence of founder and 37% owner James Packer over the Crown board as a governance problem."
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"Crown, which has Australian billionaire James Packer as a major shareholder, said it is considering the report and plans to work with the regulator. "
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"isn't fit to hold a Sydney casino license, a regulatory inquiry recommended in a castigating report on the company and billionaire shareholder James Packer following governance and anti-money laundering failures."
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"Bill Gates, Nassef Sawiris, James Packer and Kerry Stokes have accumulated more than $1.2 billion in the world's largest operator of private-jet bases, according to data compiled by Bloomberg. "
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"Shares in the gambling company previously controlled by billionaire James Packer slumped 8.2% Monday after it said the country's financial-crimes regulator Austrac had started a probe into the handling of "high risk and politically exposed" individuals at its Melbourne casino. "
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"Crown Resorts Ltd.'s billionaire shareholder James Packer said the company's compliance regime has been a "failure" and agreed a restructuring of Australia's largest casino operator is needed to keep its Sydney license."
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"Crown Resorts Ltd.'s billionaire shareholder James Packer pushed for a tie-up last year between Australia's biggest casino operator and Hong Kong-based Melco Resorts & Entertainment Ltd."
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"Threatening private emails by Crown Resorts Ltd.'s billionaire shareholder James Packer came to light in a probe into alleged money-laundering activities at Australia's largest casino operator."
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