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landing at barangaroo...

landing at barangaroo...
yourdemocracy.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourdemocracy.net.au Daily Mail and Mail on Sunday newspapers.

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Casino Royale: more fronts open in Crown's battle for survival


Casino Royale: more fronts open in Crown’s battle for survival
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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 McCann.
Crown Resorts chairman Helen Coonan giving evidence to the NSW inquiry last year. ....

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Packer's crown of thorns


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
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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 $60 million back in 2017, it’s fairly consistently been “a gift to the city” and “the thing that will draw me back”. ....

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Tabcorp a sitting duck as demerger debate reignites


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
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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 now works as an analyst at Evans and Partners, said in a report on Friday afternoon, “all of Tabcorp is in play”. ....

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