James Packer might need to sell his Crown stake. Who will buy the tarnished casino giant? Posted WedWednesday 17 updated ThuThursday 18 James Packer's private investment company owns around 37 per cent of Crown Resorts. ( Print text only Cancel A blockbuster report detailing Crown Resorts' failings — facilitating money laundering for criminal gangs, consorting with shady figures and failing to protect staff from imprisonment overseas — has left the gambling giant vulnerable. Key points: Key shareholder James Packer may need to sell down his stake Previous attempts at sale or privatisation have failed Currently Crown has no chief executive and a $2.2 billion Sydney casino it cannot open.