James Packer courted rival casino group Echo Entertainment and ousted its chairman only to sell out yesterday and bet the house on his planned Barangaroo casino development.
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ECHO ENTERTAINMENT
Memo to Packer: how Singapore casinos keep riff-raff out
James Packer says we’re not doing enough to attract Asian gamblers away from Singapore’s new casinos. Maybe he should follow the island state’s lead in keeping the locals out.
READ MOREMedia cuddles up to Packer with few hard questions
James Packer is getting a dream run from the media on his plans for a Sydney casino. Why isn’t anyone asking harder questions about his strategy?
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Echo’s leadership gamble sheds light on Packer project
Larry Mullin’s decision to step down as CEO of Echo Entertainment follows speculation of tensions within the group’s senior management. It also sheds light on Brett Paton’s surprise resignation.
READ MOREMayne: Woolies, Rupert, Packer play corporate democracy game
Whoever would have thought the almighty US Republican Party would end up having a rich kid from Toorak as its most powerful kingmaker, even to the point of publicly lecturing an endorsed presidential candidate about staff selection on Twitter.
READ MOREGetUp! hits Woolies with EGM tactic from Packer playbook
After James Packer blazed the trail and demonstrated how a full-on media campaign, combined with the calling of an EGM, can destabilise a public company, GetUp! has followed in his footsteps
READ MOREMayne: dissecting the spin in Packer’s war on Star
James Packer’s expensive campaign to discredit Echo Entertainment Group chairman John Story continues afoot at the same time as the casino billionaire’s own investment record has again come into sharp focus after the latest disaster at Network Ten.
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Packer bets on Australia as Macau gambling revenues take a hit
As the slow tightening in China cuts growth, Macau gambling revenues hit their lowest rate of growth in May since July 2009.
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A $465k advertising Echo in Packer’s bid for control
Casino mogul James Packer has forked out almost half-a-million dollars on newspaper advertising in less than a week as part of his audacious bid to have Jeff Kennett installed as a director of Echo Entertainment.
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Is Jeff Kennett really and truly independent of James Packer?
James Packer’s deployment of Jeff Kennett in his controversial bid to gain a monopoly over high-roller gambling in Australia really does have it all. The angles are endless.
READ MOREWith Karl, James Packer showed he has his swagger back
James Packer showed us last night in a very positive interview on 60 Minutes that perhaps a direct media stake is unnecessary.
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