Lawrence Ho has thanked James Packer for his partnership over the past decade as it emerged that the successful joint venture between Melco Resorts & Entertainment and Crown Resorts is coming to an end after Melco announced a public offering which will buy out Crown’s stake in the company
The arrests of 18 employees of Australian casino company Crown Resorts is an example of the delicacy of the relationship between the gambling industry and the Chinese authorities
The revival of VIP revenues in Macau looks to be forever on hold as the junket room operator Iao Kun Group throws in the towel on one room in the Sands and says two more room closures are likely.
James Packer’s selling down of his Crown Resorts stake is part of a financial strategy that according to reports will go towards a settlement with his sister regarding the family inheritance
This week's number crunching looks at the eye-watering developments in esports prizes, an unusual run of results on the NYSE and the most successful tipster in Europe...
Leisure magnet James Packer’s interest in the Chinese province appears to have cooled significantly, as Macau’s industry slump continues.
Macau’s gaming sector faced with another dismal set of results. However, could Galaxy Entertainment's non-gambling revenue rise point to a little light at the end of the tunnel for the Chinese resort?...
James Packer, who quit as head of Crown Resorts last week, is believed to be considering third-party equity to fund the gaming company’s Las Vegas project of which he remains co-chairman.