Casino mogul remains company’s largest shareholder
James Packer returns to Crown board
After receiving all necessary approvals, the billionaire businessman has officially rejoined the board of Australia’s biggest casino operator.
2017-08-04
Reading time 31 seg
After receiving all necessary approvals, the billionaire businessman has officially rejoined the board of Australia’s biggest casino operator.
The casino mogul, who remains Crown Resorts’ largest shareholder, stepped down from the board in December 2015.
The last couple of months haven’t been easy for the Australian casino giant. 19 current and former Crown staff were recently detained and convicted for promoting gambling.
Crown employees were sentenced to jail in a Shanghai court earlier this year, and were collectively fined than $1.6 million.
The company also sold much of its stake in joint-venture casinos in Macau and dismissed plans to build a new casino in Las Vegas.
Crown's executive chairman, John Alexander, confirmed Thursday that Packer and Guy Jalland, a legal adviser to Packer, had been named directors of the company, effective immediately.
Leave your comment
RELATED NEWS
COMPANIES
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
China and digital growth lift quarterly revenue
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
Also participatedin SBC Summit Malta
CT Interactive expands portfolio, boosts Bulgaria presence in April
NYCE Marketplace
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Covers product, slots, and branding
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
European circuit expands
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
