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Tag Archives: 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…

Australie – Packer quitte son poste de président de Crown

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 a dit qu'il n'était pas le bienvenu au Sri Lanka

Le propriétaire d'un casino australien, James Packer, s'est fait dire qu'il n'était pas le bienvenu « dans cette vie » au Sri Lanka par le nouveau Premier ministre du pays. Après s'être retiré du projet de construction d'un complexe de luxe de 350 millions de dollars à Colombo, M. Packer's Crown Resorts a été invité par le Premier ministre Ranil Wickremesinghe à rester à l'écart. Il a déclaré : « Packer dit qu’il…

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 gets go-ahead in 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 – Les projets de Packer pour Colombo incertains

Les projets de James Packer's Crown Resorts visant à développer un complexe hôtelier intégré au Sri Lanka seraient menacés suite au rejet par l'opérateur d'une décision gouvernementale visant à modifier le plan de construction de son développement mixte à DR Wijewardane Mawatha à Colombo, au Sri Lanka. L’opérateur australien a par la suite été informé que le développement devait…