Israel-based Packer outgrows Australia

Original article by Perry Williams, Michael Smith
The Australian Financial Review – Page: 1 : 14-Aug-15

James Packer has handed over the chairmanship of Crown Resorts to friend and former investment banker Rob Rankin as the billionaire pursues global casino and technology opportunities. Packer will focus on the company’s Las Vegas property and expansion into online gambling under his new title of executive director. Having sold his Vaucluse mansion, Packer is expected to spend more time in the US and Israel.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, CONSOLIDATED PRESS HOLDINGS LIMITED, UBS HOLDINGS PTY LTD, ARNHEM INVESTMENT MANAGEMENT PTY LTD

Israel-based Packer outgrows Australia

Original article by Perry Williams, Michael Smith
The Australian Financial Review – Page: 1 : 14-Aug-15

James Packer has handed over the chairmanship of Crown Resorts to friend and former investment banker Rob Rankin as the billionaire pursues global casino and technology opportunities. Packer will focus on the company’s Las Vegas property and expansion into online gambling under his new title of executive director. Having sold his Vaucluse mansion, Packer is expected to spend more time in the US and Israel.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, CONSOLIDATED PRESS HOLDINGS LIMITED, UBS HOLDINGS PTY LTD, ARNHEM INVESTMENT MANAGEMENT PTY LTD