Articles About James Packer

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Gambling Horoscope This Week: November 28th

Gambling Horoscope This Week: November 28th

Amanda McWallace November 28, 2016 12:40:18

A quick glance at the stars tells us everything we need to know about our future so let’s take a look what they have waiting for you in the coming week. Aries March 21 – April 19 Your lucky online gambling sites this week ComeOn! Casino 32Red Sportsbook Chance Hill Casino PokerStars Aries Mariah Carey may […]

China Arrests Crown Resorts Staff Betting We’ll Get The Message

China Arrests Crown Resorts Staff Betting We’ll Get The Message

Nich Moore November 24, 2016 09:59:07

The arrest of staff from Crown Resorts operating in China has set the cat amongst the pigeons but as the company looks to expand in Vegas and Sydney and face stiff competition from Bet365 and it’s ilk, do these arrests indicate more for the firm to wrestle with than just the unsubtle communication methods of […]

Crown Billionaire’s Engagement To Mariah Carey (With $10m Ring)

Crown Billionaire’s Engagement To Mariah Carey (With $10m Ring)

Nich Moore February 2, 2016 17:42:57

James Packer, an Australian businessman and casino resort owner, who can just about offset the fact he looks like an adult version of Eddie Munster by informing people he’s a billionaire and one of the richest men in Australia, recently announced his engagement to Mariah Carey, the singer whose face is slowly spreading like butter […]

Paradise Found Bill Approved in Barbuda

Paradise Found Bill Approved in Barbuda

Akos December 2, 2015 17:06:58

The Barbudian government has accepted the Paradise Found bill despite the objections and protests. The joint casino-project of Robert De Niro and Australian tycoon James Parker has received the green light from the nation’s government. With the passage of the Paradise Found bill, the $250 million resort was granted incentives, including a 25 year tax […]

Packer and Ho: A very Lucrative Partnership in Asian Gambling

Packer and Ho: A very Lucrative Partnership in Asian Gambling

Frederick H. August 28, 2015 10:49:36

Packer and Ho’s relationship started bumpy but the two became great friends. James Packer and Lawrence Ho have been working together and making gambling news for quite some time. The Nasdaq-listed joint venture Melco Crown Entertainment represents Packer and Ho’s partnership. In a recent interview Ho said that their relationship went through its share of […]

James Packer and Mariah Carey Enjoy Summer Holidays on Capri

James Packer and Mariah Carey Enjoy Summer Holidays on Capri

Petar June 24, 2015 02:23:42

The new couple was noticed sailing on the Italian shores last Saturday. The well-known American pop singer Mariah Carey was spotted sailing in the Mediterranean in the company of James Packer, a casino billionaire from Australia. Although the 47-year-old businessman is considered to be the fourth richest man in Australia, not much about him is […]

James Packer Approves sale of MenuLog for a colossal AUD 855 million

James Packer Approves sale of MenuLog for a colossal AUD 855 million

Vera T. May 13, 2015 03:28:59

James Packer of Crown Casino gave the go-ahead for the selling of MenuLog for AUD 855 million. James Packer, third richest Australian, subject of many gambling news, currently the chairperson of Crown Limited (one of Australia’s most extensive entertainment resort groups), has backed the plan to sell MenuLog for AUD 855 million to a British […]

Is Ferrari Revving for Trouble With its Ferrari Design Formula 1 Concept?

Is Ferrari Revving for Trouble With its Ferrari Design Formula 1 Concept?

Phyllis F. February 24, 2015 05:15:50

Ferrari thinks it’s time to run the F1, the most famous automobile sports event, back up to the rugged mountain top. When we think concept cars we are usually imagining something futuristic or a ‘blue-sky exercise’ that screams originality. Get this, the Ferrari Design Formula 1 Concept doesn’t fit into either category. This is Ferrari’s […]

Hollywood Actors Paid $13 Million Each to Promote Macau Casino

Hollywood Actors Paid $13 Million Each to Promote Macau Casino

Phyllis F. January 29, 2015 13:39:44

Studio City casino in Macau will have a cinematic theme and will cost about $2.3 billion. Robert De Niro, Leonardo DiCaprio and Brad Pitt are rooting big time for Macau’s casinos. The Hollywood mega stars are being paid a whopping $13 million each, for their role in a new short film, to promote a new […]

Sirisena Sinks Sri Lankan Crown Casino Concept

Sirisena Sinks Sri Lankan Crown Casino Concept

Nich Moore January 15, 2015 08:10:22

The wind of change might have blown through the Sri Lankan political landscape but have they also blown any chance Packer had for a Casino out of the water? It is an old political adage that you need to get behind someone to stab them in the back, your political opponents not always as dangerous […]

Gaming Moguls in Macau – A Cold Year Left Behind

Gaming Moguls in Macau – A Cold Year Left Behind

Phyllis F. January 5, 2015 07:36:17

Losing streak among Macanese gambling moguls cause muddled speculations for 2015. Analysts are wondering what will become of the Macau Gambling industry in 2015 given the losing streak they’d had in 2014. Some feel there may be a 9% fall this year. Optimists foresee a 10 percent rise in revenues. In 2014, gambling revenues declined […]

Crown, Echo and Probity Checks in Brisbane

Crown, Echo and Probity Checks in Brisbane

Phyllis F. December 18, 2014 18:59:38

Australian probity checks make or break casino bids. The battle as to who will get to build a casino at Queens Wharf is intensifying. Crown Resorts may have the edge as Queensland Union is in favor of the James Packer’s bid. Gary Bullock, United Voice secretary, said he backed Crown ‘s Premier Resort project because […]

Packer’s Barangaroo Development In Australia Stalled Over Money Issue

Packer’s Barangaroo Development In Australia Stalled Over Money Issue

Alex Nevsky November 15, 2014 17:54:02

The billion dollar Crown Barangaroo project set to open in Australia in 2019 has been stalled due to face-off with the government. There has been a hitch to the Sydney-based Crown resort project in Barangaroo. The legal issue surrounds the payment for the public infrastructure once the construction of the site is terminated. The developer, […]

Genting Is Betting on VIP Customers, But Will Its Plan Work?

Genting Is Betting on VIP Customers, But Will Its Plan Work?

Monica E. October 28, 2014 14:34:30

As the competition for Asian high-rollers is firing up, Genting is struggling to make it in the UK, US and Malaysia. Resorts World Genting is getting a tune-up. The company’s Integrated Tourism Plan is expected to boost the number of visitors at the Malaysian casino resort, but there is still a lot of work to […]

Australia Reinvents Itself as the New Hotspot for Casinos

Australia Reinvents Itself as the New Hotspot for Casinos

Monica E. August 28, 2014 11:26:51

Now that the mining industry has slowed down, Australian authorities are looking for new opportunities to create jobs and boost tourism. The Land Down Under is slowly becoming the latest hotspot for gambling companies, who are hoping to attract Asian high rollers to their new casinos. In a few years, Australia will be offering much […]

Australian Magnate James Packer Takes Another Shot at Vegas

Australian Magnate James Packer Takes Another Shot at Vegas

Monica E. August 5, 2014 13:09:27

After blowing $250 million on a failed investment in Las Vegas, Crown Resorts boss James Packer wants a redo. Despite the spectacular failure five years ago, when his entire US casino development company filed for bankruptcy, Crown Resorts Limited chairman James Packer just won’t quit. Bloomberg has reported that the Australian businessman is in the […]

Crown Resorts and James Packer Give Away $200 Million to Charity

Crown Resorts and James Packer Give Away $200 Million to Charity

Alex Nevsky July 26, 2014 08:55:27

James Packer and his Crown Resorts casino giant pledged to give out $200 million over the next 10 years. You probably know all the major casino tycoons: Sheldon Adelson of Las Vegas Sands, who’s campaigning to ban online gambling in the USA; Stanley Ho, the most influential casino boss in Macau and all over Asia; […]

Australia is Looking to Become the New Gambling Destination in Asia

Australia is Looking to Become the New Gambling Destination in Asia

Toni July 3, 2014 15:34:27

Australia unveils massive projects for integrated casinos and resorts, as they look to appeal to Chinese high-rollers. Asian high-rollers will catch notice of Australia’s efforts of establishing a new and exciting gambling hub. A number of new casino developments are underway, which will undoubtedly attract the biggest gaming enthusiasts. Besides creating facilities that will generate […]

James Packer Directs Focus Towards China to Expand Gambling Business

James Packer Directs Focus Towards China to Expand Gambling Business

Toni June 4, 2014 18:26:26

Australian billionaire casino owner wants to enter Chinese market with film production firm RatPac Entertainment. James Packer has his eyes set on making a mark in China, with the intention of opening a film production company in the lucrative land. In order to achieve his new ambitions, Packer and his business partners are planning to […]

Casino Bids for Brisbane Complex Heat Up Between Billionaires

Casino Bids for Brisbane Complex Heat Up Between Billionaires

Jennifer W. May 28, 2014 17:35:52

Things are heating up down under in the battle to develop a new casino resort in Brisbane, Australia. On the shortlist are Hong Kong billionaire Cheng Yu-Tung and Crown Resorts Ltd.’s James Packer, who have been selected to send in the proposals to open the new gambling complex in the city center. Queensland is a […]

New Crown Resort Has “Spectacular Design”, but Needs to Be “More Than a Casino”

New Crown Resort Has “Spectacular Design”, but Needs to Be “More Than a Casino”

Monica E. May 23, 2014 14:13:20

Australia’s growing casino market was a hot topic at the Tourism and Transport Forum’s Outlook conference in Sydney. Speaking at the forum, Accor Asia Pacific CEO Michael Issenberg said casinos are a “megatrend that cannot be ignored”, adding that local developers should take note of the “new wave” of gambling venues coming to Asia. “In […]

Crown Resorts Sri Lankan Casino Back on Track After Government Change of Direction

Crown Resorts Sri Lankan Casino Back on Track After Government Change of Direction

Tom S. May 12, 2014 15:33:05

James Packer could get his Sri Lankan casino after all, as the government has announced there is no reason why existing licenses cannot be transferred to new operators. Previously, the government had commented on conflicting Sri Lankan gambling laws by saying there would be no new casino licenses handed out. That wasn’t enough for anti-casino […]

Melco Crown Profit Driven by Premium Mass-Market Gamblers

Melco Crown Profit Driven by Premium Mass-Market Gamblers

May 8, 2014 16:48:53

Premium mass-market gamblers are perfect for casinos because they wage large amounts without demanding comps from the house. Melco Crown, the Macau casino venture of Australian billionaire James Packer and local Lawrence Ho beat revenue estimates for the first-quarter of 2014, pulling in pre-tax revenue of $387.5 million. While Macau poker rooms and casinos are […]

Gambling Billionaire James Packer Fights His Best Man David Gyngell

Gambling Billionaire James Packer Fights His Best Man David Gyngell

Toni May 5, 2014 12:39:22

James Packer of Crown gambling firm involved in bust-up with best man, the head of Australia’s Nine Network. The fight is reported to have taken place on Bondi Beach, where a local resident claims that the pair have initiated in a “massive street fight” outside of Packer’s home. Resident known as Chris Walker tweeted, “Packer […]

Opposition Pressure Pushes Sri Lankan Government to Reject Casino Plans

Opposition Pressure Pushes Sri Lankan Government to Reject Casino Plans

May 4, 2014 08:27:59

The government of Sri Lanka has changed it mind and now won’t allow Jams Packer to operate casinos. The government of Sri Lanka announced over the weekend that it won’t allow Australian billionaire James Packer to operate casinos in the resorts which he is currently building. Sri Lankan gambling laws allow some small casinos to […]

Sri Lankans Take to Streets to Oppose Crown Casino Project

Sri Lankans Take to Streets to Oppose Crown Casino Project

April 24, 2014 17:05:50

James Packer’s proposed project in Sri Lanka is drawing the ire of both the political opposition and many civil groups, including Buddhist monks. Australian casino magnate and Crown Resorts CEO James Packer has proposed three related projects in Sri Lanka totaling $1.3 billion in investment. The country currently has several small-scale casinos, but Packer’s developments […]

James Packer to Expand into Las Vegas as Crown Prepares $2 Billion Bid

James Packer to Expand into Las Vegas as Crown Prepares $2 Billion Bid

Tom S. April 22, 2014 16:46:56

Crown Resorts are all set to expand into the Las Vegas casino market as investors predict they will soon invest in the three year old casino and hotel complex The Cosmopolitan of Las Vegas, currently owned by Deutsche Bank. This latest investment comes on the back of a worldwide expansion plan from the Australian company, […]

Giant Casino Developers to Battle it out for the Queensland Casino Project

Giant Casino Developers to Battle it out for the Queensland Casino Project

Alex Nevsky April 1, 2014 18:25:30

Brisbane and Queensland will receive new casino properties, with the bidding process already commenced. Brisbane Queens Wharf development area will get a brand new casino operating under Australian gambling laws soon. There already have been four official expressions of interest shown in the project. The potential bidders include Lend Lease, Crown, Echo Entertainment and Greenland […]

Vegas Casinos Cause Packer to Lose “A Bunch of Money”

Vegas Casinos Cause Packer to Lose “A Bunch of Money”

Monica E. March 12, 2014 13:29:01

In an interview published in Forbes Magazine, James Packer claims he has lost a great deal of the family fortune on his Las Vegas casinos. According to recent gambling news, the Australian casino king admitted that he has “lost a bunch of money in America because of the financial crisis”. The damage is estimated at […]

Can Australian Casinos Truly Make Inroads into Asia?

Can Australian Casinos Truly Make Inroads into Asia?

Monica E. February 21, 2014 17:24:08

James Packer is planning to build a casino that will make Sydney a top destination for Asian high-rollers. Australian casinos have come up with what they believe is a sure strategy for success: targeting high-rollers. With so many big spenders in the world of gambling, casino mogul James Packer is planning on investing $1.5 billion […]

Crown Gets Approval for Sri Lanka Resort But Not for Casino

Crown Gets Approval for Sri Lanka Resort But Not for Casino

Tom S. January 28, 2014 17:27:11

Crown’s plans to obtain a casino license in Sri Lanka may have failed. It’s good news and bad news for James Packer, as the chairman of Crown Resorts Limited got the green light for his Sri Lanka resort, but without any mention of a casino in the written approval. The project is worth $400 million, […]