{"id":45169,"date":"2021-04-08T07:21:51","date_gmt":"2021-04-08T07:21:51","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=45169"},"modified":"2021-04-08T07:21:51","modified_gmt":"2021-04-08T07:21:51","slug":"james-packer-open-to-offers-for-crown-resorts","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/","title":{"rendered":"James Packer “Open to Offers” for Crown Resorts"},"content":{"rendered":"
\"\"

James Packer<\/p><\/div>\n

James Packer the majority shareholder of Australian casino operator Crown Resorts<\/a> has made a move in the possible sale of the company after saying he \u201cis open to offers\u201d for the business.<\/p>\n

The billionaire has a 37% stake in Crown Resorts but the company has major troubles with it unable to gain a license<\/a> for its billion dollar resort in Sydney following findings that the company lacked major internal structures towards money laundering and its VIP management with alleged connections to organised crime.<\/p>\n

But Packers private company that holds the shareholding of Crown Resort, Consolidated Press Holdings has hired investment bankers Moelis Australia to advice on any approaches to buy the casino business.<\/p>\n

At present US equity firm Blackstone<\/a> which already has a 10% share in Crown Resorts, made a full offer of A$8 billion<\/a> for Crown which the company is still considering, however many observers say the valuation is too low for Crown to accept and the move by Packer is to now see if any other interested parties want to bid for the casino operator.<\/p>\n","protected":false},"excerpt":{"rendered":"

James Packer the majority shareholder of Australian casino operator Crown Resorts has made a move in the possible sale of the company after saying he \u201cis open to offers\u201d for the business. The billionaire has a 37% stake in Crown Resorts but the company has major troubles with it unable to gain a license for […]<\/p>\n","protected":false},"author":4,"featured_media":25562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123,2,11,8],"tags":[],"class_list":["post-45169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-gaming","category-headlines","category-latest"],"yoast_head":"\nJames Packer "Open to Offers" for Crown Resorts - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James Packer "Open to Offers" for Crown Resorts - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"James Packer the majority shareholder of Australian casino operator Crown Resorts has made a move in the possible sale of the company after saying he \u201cis open to offers\u201d for the business. The billionaire has a 37% stake in Crown Resorts but the company has major troubles with it unable to gain a license for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-08T07:21:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"629\" \/>\n\t<meta property=\"og:image:height\" content=\"414\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/\"},\"author\":{\"name\":\"Claire\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/34891848fc23c0ffd9b6a4f710d8dc45\"},\"headline\":\"James Packer “Open to Offers” for Crown Resorts\",\"datePublished\":\"2021-04-08T07:21:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/crown-casino-melbourne1.jpg\",\"articleSection\":[\"Australia\",\"Gaming\",\"Headlines\",\"Latest\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/\",\"name\":\"James Packer \\\"Open to Offers\\\" for Crown Resorts - iGaming Post\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/crown-casino-melbourne1.jpg\",\"datePublished\":\"2021-04-08T07:21:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#primaryimage\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/crown-casino-melbourne1.jpg\",\"contentUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/crown-casino-melbourne1.jpg\",\"width\":629,\"height\":414},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/james-packer-open-to-offers-for-crown-resorts\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"James Packer “Open to Offers” for Crown Resorts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#website\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/\",\"name\":\"iGaming Post News for the B2B Gaming Inudstry\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\",\"name\":\"iGaming Post\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/iGamingPost-new-2015logo-copy.png\",\"contentUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/iGamingPost-new-2015logo-copy.png\",\"width\":400,\"height\":110,\"caption\":\"iGaming Post\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/igamingpost\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/34891848fc23c0ffd9b6a4f710d8dc45\",\"name\":\"Claire\",\"description\":\"iGaming & land based specialist reporter for the global gaming market\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/author\\\/claire\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"James Packer \"Open to Offers\" for Crown Resorts - iGaming Post","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/","og_locale":"en_US","og_type":"article","og_title":"James Packer \"Open to Offers\" for Crown Resorts - iGaming Post","og_description":"James Packer the majority shareholder of Australian casino operator Crown Resorts has made a move in the possible sale of the company after saying he \u201cis open to offers\u201d for the business. The billionaire has a 37% stake in Crown Resorts but the company has major troubles with it unable to gain a license for […]","og_url":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/","og_site_name":"iGaming Post","article_published_time":"2021-04-08T07:21:51+00:00","og_image":[{"width":629,"height":414,"url":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg","type":"image\/jpeg"}],"author":"Claire","twitter_card":"summary_large_image","twitter_creator":"@igamingpost","twitter_site":"@igamingpost","twitter_misc":{"Written by":"Claire","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#article","isPartOf":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/"},"author":{"name":"Claire","@id":"https:\/\/gaming-awards.com\/NEWS\/#\/schema\/person\/34891848fc23c0ffd9b6a4f710d8dc45"},"headline":"James Packer “Open to Offers” for Crown Resorts","datePublished":"2021-04-08T07:21:51+00:00","mainEntityOfPage":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/"},"wordCount":192,"publisher":{"@id":"https:\/\/gaming-awards.com\/NEWS\/#organization"},"image":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#primaryimage"},"thumbnailUrl":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg","articleSection":["Australia","Gaming","Headlines","Latest"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/","url":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/","name":"James Packer \"Open to Offers\" for Crown Resorts - iGaming Post","isPartOf":{"@id":"https:\/\/gaming-awards.com\/NEWS\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#primaryimage"},"image":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#primaryimage"},"thumbnailUrl":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg","datePublished":"2021-04-08T07:21:51+00:00","breadcrumb":{"@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#primaryimage","url":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg","contentUrl":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/08\/crown-casino-melbourne1.jpg","width":629,"height":414},{"@type":"BreadcrumbList","@id":"https:\/\/gaming-awards.com\/NEWS\/james-packer-open-to-offers-for-crown-resorts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gaming-awards.com\/NEWS\/"},{"@type":"ListItem","position":2,"name":"James Packer “Open to Offers” for Crown Resorts"}]},{"@type":"WebSite","@id":"https:\/\/gaming-awards.com\/NEWS\/#website","url":"https:\/\/gaming-awards.com\/NEWS\/","name":"iGaming Post News for the B2B Gaming Inudstry","description":"","publisher":{"@id":"https:\/\/gaming-awards.com\/NEWS\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gaming-awards.com\/NEWS\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gaming-awards.com\/NEWS\/#organization","name":"iGaming Post","url":"https:\/\/gaming-awards.com\/NEWS\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gaming-awards.com\/NEWS\/#\/schema\/logo\/image\/","url":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/07\/iGamingPost-new-2015logo-copy.png","contentUrl":"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/07\/iGamingPost-new-2015logo-copy.png","width":400,"height":110,"caption":"iGaming Post"},"image":{"@id":"https:\/\/gaming-awards.com\/NEWS\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/igamingpost"]},{"@type":"Person","@id":"https:\/\/gaming-awards.com\/NEWS\/#\/schema\/person\/34891848fc23c0ffd9b6a4f710d8dc45","name":"Claire","description":"iGaming & land based specialist reporter for the global gaming market","url":"https:\/\/gaming-awards.com\/NEWS\/author\/claire\/"}]}},"_links":{"self":[{"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/posts\/45169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/comments?post=45169"}],"version-history":[{"count":1,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/posts\/45169\/revisions"}],"predecessor-version":[{"id":45170,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/posts\/45169\/revisions\/45170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/media\/25562"}],"wp:attachment":[{"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/media?parent=45169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/categories?post=45169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gaming-awards.com\/NEWS\/wp-json\/wp\/v2\/tags?post=45169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}