Tag: James Packer

Wynn withdraws $7bn Crown bid, for now

Wynn Crown bid
Premature leaks moved Wynn to retract its $7bn bid for Crown, but with both firms keen to move on from their former dynasties, analysts and shareholders..

All change Down Under as Stars bags CrownBet stake

betcrown
Stars Group kicks off acquisition season Down Under by beating betting’s leading heavyweights in the bidding for a controlling stake in CrownBet.   After much speculation over which global brand would take James Packer’s (pictured, right) controlling stake in the Australian bookmaker, Crownbet, the rapidly rising Stars Group has pipped its rivals to the post. The Toronto-listed Stars announced the purchase of...

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