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Serious stumbles and slip-ups are plaguing the casino group and there are calls for some directors to move on.

Serious stumbles and slip-ups are plaguing the casino group and there are calls for some directors to move on.

Casino Royale: more fronts open in Crown’s battle for survival We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Helen Coonan was preparing for another chaotic week when she received a phone call mid-afternoon on Sunday that would intensify the storm already swirling around casino giant Crown Resorts. After months of searching, Crown’s executive chairman was ready to announce on Monday she had found a new chief executive to take the reins at the wounded James Packer-backed group: outgoing Lendlease boss Steve...

Packer’s crown of thorns The casino business’ ‘ask-no-hard-questions’ culture found itself caught up in a dramatic swing of regulatory direction in NSW. Sometimes, Crown’s 75-floor Barangaroo casino tower has seemed just a personal property holding for James Packer, and nothing more.  Jessica Hromas Save Share Over the years, Crown Sydney has represented far more than a new second casino in the harbour-front suburb of Barangaroo. For James Packer, the casino group’s endlessly scrutinised and unpredictable billionaire majority owner who bought two floors for $...

Tabcorp a sitting duck as demerger debate reignites Pressure is set to mount on Tabcorp’s board to capitalise on its recent popularity and explore a demerger of its lotteries business in tandem with any sale offers. Feb 8, 2021 – 12.00am Save Share Tabcorp’s tantalising announcement last Tuesday that it had been approached with unsolicited offers for its unloved wagering business triggered a buying frenzy as the focus shifted from flushing out potential suitors to what’s next for the group. But as the gaming giant’s former investor relations manager, Sacha Krien, who ...